The funding agreement with Cain International and Apollo allows construction to advance on the scheme to build a 28-storey student accommodation block and a separate 18-storey co-living homes blocks.
Builder R G Group is tipped to deliver the project which will complete in time for the 28/29 academic year.
It brings Olympian’s “in construction” deals to over 2m sq ft.
Of 132 co-living homes, 20% would be affordable with local housing allowance rents. The PBSA building would house 442 student bedrooms.
The development will also boast approximately 15,000 sq.ft of amenity space including a cinema room, fitness suite, study areas, games room, and group dining facilities.
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