Watkin Jones has acquired a second development opportunity as part of its joint venture with Maslow Capital. The site will deliver a high-quality, purpose-built student accommodation scheme in Bristol, comprising 484 beds. It is expected to achieve a gross development value of \u00a3101.7m upon stabilisation.<\/p>\n
The new Bristol scheme reinforces Watkin Jones\u2019 commitment to delivering best-in-class student accommodation in prime university locations. It will be located on Malago Road, which is just 100m from Bedminster train station and an 11-minute walk from the University of Bristol\u2019s new Temple Quarter campus. Accommodation will include studios and 40 non-ensuite rooms across three blocks, with part of the scheme to be nominated by the University of Bristol.<\/p>\n
Bristol is widely recognised as one of the UK\u2019s most vibrant and student-friendly cities, offering a dynamic mix of culture, green spaces and excellent connectivity. With its thriving arts scene, independent caf\u00e9s and waterfront attractions, Bristol provides an outstanding student experience, further cementing its status as a destination of choice for both domestic and international students.<\/p>\n
The transaction marks the second asset in the joint venture between Watkin Jones and Maslow Capital, following their earlier collaboration on The Ard in Glasgow. It reflects Watkin Jones\u2019 ability to partner with institutional capital to deliver standout schemes that meet both demand and sustainability objectives.<\/p>\n
Sky Mapson, Senior Director, Origination at Maslow Capital, commented:<\/strong> \u201cWe are pleased to support Watkin Jones on a second large-scale PBSA transaction through our joint venture, following The Ard in Glasgow. Their proven record in delivering high-quality student accommodation gives us conviction in the sponsor and the successful delivery of this Bristol asset.\u201d<\/p>\n Rachael Gordon, Head of Deal Execution (UK & Europe) at Maslow Capital, commented: <\/strong>\u201cBristol remains one of the UK\u2019s most undersupplied student markets, with demand for purpose-built accommodation continuing to outstrip available stock. This 484-bed scheme is close to the University of Bristol\u2019s new Temple Quarter campus and Bedminster station. Its scale, specification and location leave it well positioned to capture that demand and deliver resilient long-term income.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":" Watkin Jones has acquired a second development opportunity as part of its joint venture with Maslow Capital. The site will deliver a high-quality, purpose-built student accommodation scheme in Bristol, comprising 484 beds. It is expected […]<\/p>\n","protected":false},"featured_media":10259,"template":"","country":[188],"class_list":["post-10258","deal","type-deal","status-publish","has-post-thumbnail","hentry","type-student","region-uk","country-uk"],"acf":[],"yoast_head":"\n