Maslow Capital Lends £116.6m for Wembley PBSA Development

Why It Matters

The funding secures critical capital for expanding high‑quality student housing where demand exceeds supply, offering investors stable, long‑term yields. It also signals continued appetite for large‑scale PBSA projects amid tightening financing conditions.

Key Takeaways

• £116.6 m loan funds 609‑bed Wembley PBSA.
• Second Maslow‑Wembley deal supports three London schemes.
• Total pipeline adds 1,247 student beds.
• Strengthens investor confidence in UK student housing.
• Highlights growing demand for purpose‑built accommodation.

Pulse Analysis

London’s student housing market is entering a growth phase as domestic and international enrolments rebound after the pandemic. Universities in the capital continue to face pressure on existing accommodation, prompting students to seek purpose‑built options that offer modern amenities and proximity to transport hubs. Developers are responding with larger, higher‑spec projects, and the Wembley PBSA adds a strategically located 609‑bed block to meet this surge in demand.

Maslow Capital’s £116.6 million loan illustrates a broader shift in financing for PBSA assets. Lenders are increasingly comfortable providing sizable senior debt to developers with proven track records, especially when projects are anchored by strong tenancy pipelines and robust cash‑flow models. The loan’s structure, likely featuring a mix of fixed and variable rates, reflects the market’s appetite for risk‑adjusted returns while maintaining flexibility for developers navigating construction timelines and regulatory approvals.

For investors, the Wembley transaction underscores the attractiveness of student housing as a resilient asset class. With a total pipeline of 1,247 beds across three London schemes, the sector promises stable occupancy, inflation‑linked rents, and diversified revenue streams. As capital markets tighten, projects backed by reputable lenders like Maslow are poised to capture premium valuations, positioning PBSA developers and investors to benefit from sustained demand and favorable yield profiles.

Deal Summary

Maslow Capital has extended a £116.6 million loan to finance a 609‑bed purpose‑built student accommodation (PBSA) project in Wembley, London. This second transaction between Maslow Capital and the developer underpins three PBSA schemes totaling 1,247 beds.