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Ares Management Funds and Generation Partners fund Leeds student accommodation scheme
Transactions - OCTOBER 6, 2021

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Ares Management Funds and Generation Partners fund Leeds student accommodation scheme

by Released

McLaren Property’s Leonardo and Thoresby buildings Leeds student accommodation scheme in the United Kingdom has been funded by funds managed by the Real Estate Group of Ares Management and Generation Partners, who will also acquire the completed development.

The 473-bed scheme, which consists of the refurbished and listed buildings in the Civic Quarter of Leeds City Centre as well as a new build block, will be completed in 2023.

Work on the development will commence this month, with Robertson Construction appointed as contractor for the Cartwright Pickard-designed scheme.

The new student accommodation will be within five to 10 minutes’ walk of The University of Leeds, Leeds Beckett and Leeds Teaching Hospital. It will provide a premium live-study lifestyle in an area of high demand from students.

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