Norton's Student Living, Edinburgh

Edinburgh

Norton's Student Living, Edinburgh

PBSA

City

Edinburgh

Client

Institutional UK Fund

Service

Lot Size / Asset Size

A 148 bed PBSA scheme delivered for the 2023/24 academic year under a forward funding transaction structure. Located close to Edinburgh University.

Service

  • Asset Mobilisation
  • Operational Oversight
  • Revenue Enhancement

AREA in Action

  • Actioned mobilisation workstreams ahead of Asset practical completion including compliance with Development Funding Agreement and rent setting / launch.
  • Negotiated new summer let partnership agreements.
  • Managed leasing strategy and lease up, achieving 100% occupancy and +6% gross revenue versus rent setting budget.