Paris Gardens

Sector : Student
Platform : Social Infrastructure
Site : Paris Gardens
City : Southwark, London, UK
Stage : Realised
Beds : 253
Value/GDV : £61,000,000
Completion : 2015

Re-imagining the student accommodation sector

Apache acquired the building in July 2012. The building comprises a mix of 253 studio, one, two and three bedroom apartments along with a stunning penthouse lounge and common room which affords spectacular views across the capital’s skyline. Additionally the scheme includes a gym and a 37,000 sq ft arts school. Paris Gardens was subsequently sold in February 2015.

Key aspects

Prime central London location in Southwark, SE1

Very strong underlying levels of demand with both Kings College and LSE within a 10-20 minute walk

A substantial shortfall in purpose built student accommodation in London with a projected 33,350 bed shortfall by 2016. London universities are able to provide accommodation for only 17% of their students