Market Leads & Opportunities
Bank backs student scheme with £10m of funding
Barclays has provided a £10m finance facility to support the development of a new 203-bed student housing complex on the site of the former Pickford’s warehouse in Bath.Established in 1984, Bristol and Exeter-based property company Eagle One Group operates across the South West with an asset portfolio of more than £190m. Worth in excess of £30m, the student complex is the company’s largest development to date and is expected to complete in January 2021.The project involves the redevelopment of the former warehouse into two, four and five storey accommodation blocks, comprising largely of cluster flats offering shared kitchens and dining spaces, numerous flexible study and social areas and an on-site gym and on completion.
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