CLIENT LOGIN
article

Our growing student accommodation portfolio

McLaren Property has announced a £45m joint venture funding agreement with Apache Capital Partners on behalf of Apache and Tadhamon Capital’s managed Social Infrastructure investment platform. The prime Central London development, known as Paris Gardens, Southwark, SE1, comprises 253 direct let beds and is due for completion in September 2013.

McLaren currently have a growing portfolio of student accommodation schemes in London, Cambridge, Oxford and Bath with a total of over 2000 beds, and this latest agreement will allow McLaren to accelerate further development in the sector.

John Gatley, Managing Director said: “We look forward to developing a long-term relationship with Apache to inject capital alongside McLaren equity, and are already in discussion on pipeline deals.”

John Dunkerley, Managing Partner, Apache Capital Partners said: “The funding of Paris Gardens, takes Apache Capital Partners gross assets under management to approximately $140m (£90m) and we also look forward to investing further committed capital with McLaren.”
CONTACT US FOR MORE DETAILS
other news articles
£215M deal for Fountainbridge build to rent village
Apache Capital & Moda Living agree £215M deal for Fountainbridge build to rent village in Edinburgh's city centre.
Read more
£125 million luxury retirement village in Clapham
Apache Capital & Audley Group will deliver a luxury retirement village on Nightingale Lane, overlooking Clapham Common, London with a gross development value of £125 million.
Read more
Apache in £100m joint venture with McLaren
Completion of £100m student accommodation joint venture scheme in Shoreditch, London.
Read more