The South London project will provide 244 beds over 24 storeys.

This building will include a cafe, kiosk, lounge, study rooms, gym, yoga studio, library, games room, laundry rooms, parcel store and bike storage.

Beaufort’s client is a private equity real estate investment management firm that invests heavily in the living and mixed-used sectors across London, Dublin and Athens.

This project in particular is being undertaken through a joint venture with an experienced developer specialising in BTR, PBSA and co-living schemes.

“We are pleased to have completed the financing of this high-quality PBSA development in a prime London location, serving one of the world’s leading higher education markets,” said Mark Quigley, managing director at Beaufort Capital.

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“This transaction demonstrates Beaufort Capital’s ability to provide flexible financing solutions for experienced sponsors, delivering certainty of capital and efficient execution on high-profile larger loan opportunities.

“Having known the developer and their track record for many years, together with the collaborative approach adopted in working alongside the client’s debt adviser, Voltaire, we were able to complete this transaction in an effective and efficient manner.”

James Thomlinson, co-founder at Voltaire Financial, added: “This is a very high quality new development in a prime London PBSA market.

“The scheme benefits from a now rare all private planning consent and will be delivered by a highly capable main contractor that, in conjunction with the development manager, delivered Gateway 2 consent in just 22 weeks.”