Unite Students signs for latest accommodation complex in popular London postcode

Specialist real estate lawyers at Walker Morris have advised Unite Students on the acquisition of its 913-bed student accommodation development site in London.

The site is located in Middlesex Street, London E1 and the new building is planned to be completed for the 2021/22 academic year.

This is a prime location in London and will provide much needed accommodation options for students.

The London student market supposedly remains undersupplied with only 81,000 purpose-built beds currently in operation.

Unite Students is an operator of purpose-built student accommodation in London with over 9,500 beds and partnerships with the leading universities covering over 5,500 beds.

Nick Cannon and Andrew Maclean, both in the Real Estate Team at Walker Morris, advised Unite Students.

Commenting on the deal, Nick Cannon said: “Unite Students is a long-standing client of the firm and so it is particularly satisfying to be able to support them on the acquisition of their latest development site in London.

“This transaction reinforces our experience of working with market-leading developers to provide first-class developments in strategically important locations.

“The student accommodation sector has evolved over recent years, with new developments… to provide a supportive environment for students.”

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