Dominus and Cheyne Capital have secured £250 million ($339 million) of financing from Standard Chartered to fund the ongoing transformation of a former office building at 65 Fleet St. into a student living scheme.
The 370,000-square-foot, 13-story scheme will deliver 875 student rooms, 35 percent of which will be offered at affordable rents capped by the mayor of London, alongside extensive social, study and well-being spaces, including private dining rooms and gym and wellness facilities.
The site is within easy reach of several of London’s leading universities, including King’s College London, the London School of Economics and University College London, positioning it to serve the capital’s growing student population.
More than 475,000 full-time students were in London for the 2024-25 academic year, and recent Universities and Colleges Admission Service (UCAS) data revealed that U.K. universities received a record 619,360 applications for the 2026-27 a
