M&G Real Estate has acquired a £135 million (€162 million/$175 million) state of the art, 500-room purpose-built student accommodation (PBSA) development in Stratford, east London. Now under way, the development of N16 Stratford is expected to be ready for students in the 2028-2029 academic year.
This acquisition in a vastly undersupplied sector underlines M&G’s commitment to high-quality, well-located assets with the potential to provide stable income and capital appreciation for investors. Demand significantly outstrips available supply in student accommodation, with Greater London alone reporting a supply gap that has increased by 45 percent since 2017/18, standing at more than 10,000 beds in 2023.
Situated in the heart of Stratford, the home of several well-established and accredited universities, this new scheme is targeting an EPC rating of A and a BREEAM rating of Outstanding. The development will be led by HG Living alongside HG Construction as t
