Maslow provides £29m loan to Oxford PBSA

Maslow Capital has provided a £29m development finance facility to support the delivery of a 189-bed purpose-built student accommodation scheme in Oxford. The development, being delivered by Prima, Real Living and Cantay Estates, will include a games room, cinema, co-working spaces, gym, and private dining area. Torsion Construction has been appointed as the main contractor. Sky Mapson, senior director, origination at Maslow Capital, said: “This transaction is a great example of what we look for when deploying capital into the PBSA sector – strong fundamentals, experienced counterparties and a location where demand materially outstrips supply.” Rachael Gordon, head of deal execution at Maslow, added: “This transaction adds to a growing list of student accommodation projects we have funded and reflects our ongoing commitment to tackling the structural undersupply of purpose-built student housing across key UK and European university cities. With a strong pipeline and deep sector expertise, we remain focused on supporting the delivery of best-in-class living sector assets.”