Investec Real Estate provides £35m development facility to fund Tribe's 250 bed Ilderton Road, London scheme
This facility allows our client to deliver its first major purpose built student accommodation (PBSA) scheme.
Investec was the sole lender, providing Tribe with a facility to fund the construction of the client’s first PBSA scheme. Investec's strong relationship with the underlying sponsors and management team together with Investec Real Estate's excellent track record in the PBSA sector ensured we won the mandate and were the client's preferred funding partner.
Tribe was set up in early 2020 with the company focused on delivering student schemes across London and the South East.