Fiera provides $99m in financing to YourTRIBE Student Housing
Transactions - JULY 10, 2024

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Fiera provides $99m in financing to YourTRIBE Student Housing

by Released

Fiera Real Estate Debt Strategies, an affiliate of global asset management firm Fiera Capital Corp., has completed a £77 million ($99 million) senior investment loan to YourTRIBE to refinance two newly developed student accommodation assets, totaling a collective 517 beds in southeast London.

YourTRIBE was established in 2020 to capitalize on the widening supply/demand imbalance for good-quality student accommodation in London.

The loan will finance a 250-bed scheme in South Bermondsey and a 267-bed scheme in Peckham. They will feature various amenities including a gym/wellness room, a roof terrace and dedicated study and lounge areas.

Managed by Project Student, these assets cater to London's student population, offering convenient access to 12 universities, including University College London, King's College London, London School of Economics and Goldsmiths University. Of the available accommodation, 35 percent will be designated as affordable, with the remai

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