Sama Investment Group is marketing a £30m purpose-built student accommodation scheme in Birmingham.
The Lawson Street scheme comprises 184 studio rooms in an eight-storey building close to Aston University and Birmingham City University.
It includes a range of amenities including a gym, yoga room, games room, lounge, study area, communal garden, roof terrace and communal lounges.
Sama has appointed Lambert Smith Hampton to market the site.
Bilal Ahmed, executive chairman and founder at Sama Investments, said: “We carefully selected Lawson Street to deliver market-leading returns to our clients and investors alike, and anticipate strong interest. It offers the opportunity to capture market demand, with the plans for the scheme also supporting and retaining the identity of the surrounding area.
“We pride ourselves on being specialists in breathing new life into brownfield real estate across Britain’s regions, creating long-lasting value for investors and communities.”
Simon Wilson, senior director and head of living and capital markets at LSH, said: “We are delighted to be able to work with Sama to bring this exciting PBSA scheme to market which will add some much-needed stock to Birmingham’s thriving student population. It is our belief that this is the right location to explore the potential for co-living with the city council.”
Send feedback to Akanksha Soni
