Fusion and Cheyne acquire second Brent Cross Town site for €323m PBSA scheme

Fusion Group and Cheyne Capital have jointly acquired a second site for purpose-built student accommodation (PBSA) in Brent Cross Town.  

Brent Cross Town is a 180-acre, £8 billion (€9.4 billion/$10.4 billion) mixed-use town development in north London being delivered by Related Argent and Barnet Council that, when complete, will comprise 6,700 new homes of a variety of tenures, workspace for 25,000 people, schools, a high street, leisure spaces and more than 50 acres of parks and playing fields. 

The £275 million (€323 million/$357 million) GDV Fusion scheme designed by PRP will deliver approximately 650 student beds and associated amenities. Related Argent will lead the preparation of the planning application, which is expected to be submitted in fourth quarter 2024. The scheme will include expans