Harrison Street and CA Ventures have formed a joint venture to develop a 548-bed purpose-built student accommodation (PBSA) in Leeds, United Kingdom.
The property will be managed by CA’s in-house PBSA management company, Novel Student, upon completion, which is expected in the third quarter of 2024.
The PBSA asset is part of a larger master-plan redevelopment in Leeds City Center known as the Lisbon Street Development that includes a built-to-rent community, an office building and a hotel. The site is located near the University of Leeds and Leeds Beckett University as well as the Leeds train station and city center’s restaurants, shopping and nightlife. The PBSA will offer complete bed-bath parity across 138 studio and 410 cluster units, each of which will come fully furnished with high-quality finishes. Community amenities will include a gym, roof terrace, courtyard, game room and communal study areas.
“Leeds is home to one of the largest student popul