Harris Associates has been appointed by Thorstone to market a £75m GDV purpose-built student accommodation (PBSA) development site in Elephant & Castle, London.
Designed by FaulknerBrowns, the consented 144-bed The Fourth Yard development will feature 361 sq m of state-of-the-art amenity space, including resident lounges, a gym and safe-cycle storage for 122 bicycles.
The development site is strategically located near King’s College London, the London School of Economics and University of the Arts London.
Jamie Harris, head of student accommodation at Harris Associates, said: “The Fourth Yard represents an unparalleled opportunity to acquire a piece of London’s zone one, a fully consented, oven-ready site for PBSA in the world’s best student market. This 144-bed scheme packs a punch as it is 100% private without any nominations requirement. We are expecting substantial interest in this landmark location from global capital.”
