Campus Living Villages expands Bournemouth student accommodation portfolio
September 11, 2017Read More
We have extended our relationship with Arlington Investors closing on a 42 year operating contract and minority investment in Dashwood Studios, a high-end 232 studio apartment property located in Zone 2. The transaction is one of the first major student property deals since the Brexit announcement and further displays our commitment to growing our UK portfolio.
The property is located five minutes’ walk from Elephant and Castle underground station and comprises of a selection of room types with modern social spaces and a study room per floor, as well as a ground floor student hub and fantastic views of the city from the roof terrace.
The site complements our growing London hub, joining existing sites at Goldsmiths Student Village, McMillan and Prince Consort Village, our specially designed music living location for students from the Royal College of Music.
We take over full management of operations at the new site in early October, when Dashwood residents from universities such as the University of London, University of the Arts and City University will join our nationwide student community.
Richard Gabelich, CEO of Campus Living Villages UK, said: ‘We’re delighted to be part of the acquisition of yet another high quality student accommodation site, alongside Arlington Investors. Dashwood Studios joins our growing London hub, comprising of some of the best student accommodation London has to offer. This site, along with the future developments we have planned, continues to show our and Arlington’s commitment to deliver outstanding student experience not only in London, but in major university locations across the UK.’
Sean McKeown, Arlington Managing Director, said: ‘Our partnership with Campus Living Villages continues to deliver outstanding performance. There exists a number of compelling opportunities in the market and our experience in acquiring, managing and operating assets in alternative classes positions us well for further diversification going forward.’