Purpose-built student accommodation has been acquired from Mapletree Global Student Accommodation Private Trust
The centre was put on the market in October 2024
Savills data shows fall in transacted space across the key markets
Cynergy Bank is co-lending on the deal
Occupancy, rent levels and portfolio value growth helps to narrow the loss
The next phase of Spark will deliver 101,341 sq ft across three warehouses
Knight Frank is marketing the assets
The deal feature sublease of the sixth floor at Goods Yard
Construction on the development started in March
The company is under offer to take the entirety of TPG Angelo Gordon’s refurbished Marylebone Place
Scheme comprises 230 homes