CLIENT LOGIN
article

Student disposal at record regional yield

Apache Capital Partners disposed of its prime 251-bed purpose-built student accommodation property Brunswick House, in Cambridge to Cambridge County Council for £38m in August 2018. 

Brunswick House, which was completed in July 2012 and comprised 231 en-suite cluster flats and 20 self-contained studio flats, is situated less than a 10 minute walk to the Anglia Ruskin University Cambridge Campus and opposite Compass House, part of Anglia Ruskin University (Computer Sciences) lecture facility. The city centre is within a short walking distance and the revitalised Grafton Shopping Centre is almost opposite Brunswick House.

The direct let property, which was is 100% let for the 2017/18 academic year, has a large common room and laundry facility at ground floor level, as well as comprehensive bicycle storage at basement level and within the enclosed, landscaped courtyard.

This is Apache Capital’s third student accommodation scheme disposal for its Social Infrastructure platform, its second to have set a new market yield level in its respective class following Paris Gardens, Southwark in February 2015.
Contact us to find out more
other news articles
Apache bring New York style living to Liverpool waterfront
Apache Capital Partners, in a Joint Venture with Moda Living, have secured planning consent for £82 million Build to Rent residential waterfront tower in Liverpool
Read more
Apache & LaSalle agree debt financing for £150m GDV Leeds scheme
Apache Capital Partners and LaSalle Investment Management agree debt financing for Moda’s landmark £150m GDV Leeds scheme
Read more
RESICast with Property Week: Institutional Investment in BTR
Richard Jackson, Managing Director, in conversation with Jess Tomlinson, Head of Real Estate, London at Barclays, and Allen Chilten, Head of Funds, Capital Markets at Patrizia AG.
Read more