Crosslane has established a proven track record for developing purpose-built student accommodation (PBSA) and has delivered 31 assets across 22 cities representing over 7,000 beds since 2008 creating a portfolio with national coverage worth over £0.5bn. In addition, Crosslane has new build developments under construction and a significant future development pipeline representing over 2,000 beds.

Developments to date have been predominantly focused on regional Russell Group university cities outside London, in city centre locations, near university campuses, are of a high specification and typically 130-450 beds in size to achieve operational efficiencies.

Crosslane identifies the most attractive PBSA site locations through thorough research & analysis to pinpoint optimum site selection, designs properties of a size that drive strong yields whilst meeting student needs, obtains planning permission, acquires land, negotiates development debt, through strong relationships with contractor partners develops assets, obtains investment debt & secures exits for completed assets.

New Developments Under Construction

Summary

• 268 beds
  o    268 en-suite cluster flat bedrooms

Development

• New build
• Planning consent achieved by Crosslane February 2018
• Site acquired by Crosslane May 2019
• Work onsite commenced May 2019
• Development acquired by Crosslane & Harrison Street Real Estate Joint Venture June 2019
• Expected to be operational September 2022
• Once complete the property will be managed by Crosslane Lettings & Operational Management business: Prime Student Living

Location

• Located to the east of the city centre just outside the ring road almost directly opposite Coventry University Engineering Faculty Building.
• 0.2 miles (3 mins’ walk) to the main Coventry University campus
• 0.6 miles (11 mins’ walk) to the Coventry University student union
• 0.7 miles (13 mins’ walk) to the city centre

Property refurbishments currently taking place

Summary

• 179 beds
  o   164 Cluster flats
  o   13 Studios
  o   1 two bed apartments

Development

• Site identified and secured by Crosslane in 2013
• Site acquired by Crosslane 2013
• Crosslane sold the site to The Victus European Student Accommodation Fund in 2013
• Crosslane acquired the site from The Victus European Student Accommodation Fund in 2020
• Crosslane Lettings & Operational Management business: Prime Student Living has managed the property from September 2014 to present achieving full occupancy each year.

Refurbishment

• All cluster flats, apartments, studios and common areas are being refurnished
• Refurbishment managed by Crosslane
• Refurbishment scheduled for completion in 2022
• Once complete the property will be managed by Crosslane Lettings & Operational Management business: Prime Student Living

Location

• Located to the west of the city centre just outside the ring road
• 0.3 miles (7 mins’ walk) to the main Oldenburg University campus
• 1.8 miles (35 mins’ walk) to the city centre

Summary

• 326 beds
  o    271 Cluster flats
  o    28 Studios
  o    12 two bed apartments
  o    1 one bed apartment

Development

• Site identified and secured by Crosslane in 2013
• Site acquired by Crosslane 2013
• Crosslane sold the site to The Victus European Student Accommodation Fund in 2013
• Crosslane acquired the site from The Victus European Student Accommodation Fund in 2020
• Crosslane Lettings & Operational Management business: Prime Student Living has managed the property from September 2014 to present achieving full occupancy each year.

Refurbishment

• All cluster flats, apartments, studios and common areas are being refurnished
• Refurbishment managed by Crosslane
• Refurbishment scheduled for completion in 2022
• Once complete the property will be managed by Crosslane Lettings & Operational Management business: Prime Student Living

Location

• Located to the west of the city centre just outside the ring road
• 1.5 miles (30 mins’ walk) to the main Osnabrück University campus
• 2.1 miles (43 mins’ walk) to the city centre

Completed PBSA Properties

Summary

• 391 beds
  o    391 en-suite cluster flat bedrooms

Development

• New build
• Planning consent achieved by Crosslane March 2018
• Site acquired by Crosslane & Harrison Street Real Estate Joint Venture November 2018
• Work onsite commenced December 2018
• Completed December 2020
• Crosslane Lettings & Operational Management business: Prime Student Living mobilised the property in time for completion and continue to manage the building

Location

• Located to the east of the city centre within easy walk of Cardiff University Campus, with coffee shops, bars, restaurants and shops in the immediate vicinity.
• 0.2 miles (5 min’s walk) to Cardiff University Engineering, Physics and Computer Science faculty buildings
• 0.8 miles (17 min’s walk) to Cardiff University
• 0.8 miles (16 min’s walk) to Cardiff University Student Union
• 0.3 miles (6 min’s walk) to Cardiff’s central shopping district and main city centre amenities to the west

Summary

• 310 beds
  • 286 en-suite cluster flat bedrooms
  • 24 self-contained studio apartments

Development

• New build
• Planning consent achieved by Crosslane August 2017
• Site acquired by Crosslane & Harrison Street Real Estate Joint Venture February 2018
• Work onsite commenced February 2018
• Completed February 2020
• Crosslane Lettings & Operational Management business: Prime Student Living mobilized the property in time for completion and continue to manage the building

Location

• Located 0.5 miles north-west of Swansea city centre, close to the main shopping area and ½ mile to the east of the mainline train station, with bus stops directly in front for Swansea University 
• 0.4 miles (11 minutes’ walk) south of the University of Wales main campus
• 0.4 miles (12 minutes’ walk) south of the University of Wales student union building
• 1.6 miles (20 minutes’ bus journey) north east of Swansea University main campus
• 0.3 miles (5 minutes’ walk) south west of Swansea College of Art
• The popular student night life area around Wind Street is 10 minutes’ walk away

Summary

• 256 beds
  • 138 self-contained studio apartments
  • 118 en-suite cluster flat bedrooms

Development

• New build
• Planning consent achieved by Crosslane December 2016
• Site acquired by Crosslane October 2017
• Work onsite commenced October 2017
• Development acquired by Crosslane & Harrison Street Real Estate Joint Venture January 2018
• Completed December 2019
• Crosslane Lettings & Operational Management business: Prime Student Living mobilized the property in time for completion and continue to manage the building

Location

• Located in the city centre adjacent to the central shopping district and opposite the mainline train station of Portsmouth and Southsea
• 0.3 miles (6 minutes’ walk) north from Portsmouth University
• 0.4 miles (9 minutes’ walk) north from Portsmouth University student union building
• 5 miles (10 minutes’ walk) from Portsmouth University library

Summary

• 614 beds
  • 459 en-suite cluster flat bedrooms
  • 155 self-contained studio apartments

Development

• New build
• Planning consent achieved by Crosslane April 2017
• Site acquired by Crosslane & Harrison Street Real Estate Joint Venture January 2018
• Work onsite commenced January 2018
• Completed September 2019
• Crosslane Lettings & Operational Management business: Prime Student Living mobilized the property in time for completion and continue to manage the building

Location

• Located at the southern edge of central Coventry, inside the ring road on a major pedestrian thoroughfare from Coventry train station to the city centre
• 0.4 miles (9 minutes’ walk) south west of Coventry University main campus
• 0.5 miles (10 minutes’ walk) south west of Coventry University student union building
• 4 miles north east of Warwick University
• 0.3 miles (6 minutes’ walk) to the city centre
• 0.2 miles (4 minutes’ walk) to the train station

Summary

• 207 beds
  • 207 en-suite cluster flat bedrooms

Development

• New build
• Planning consent achieved by Crosslane January 2018
• Site acquired by Crosslane
• Work onsite commenced June 2018
• Completed September 2019
• Crosslane sold the site to Carlyle GRoup who are forward funding the development, with Crosslane undertaking role of developer

Location

• Located to the west of the city centre and south of the River Liffey, within Dublin’s main ring road.
• The development is a short walk from the Royal College of Surgeons’ campus and Trinity College.
• Dublin City University and the University College Dublin, are both easily accessible by public transport.
• Only a short walk to the city centre amenities

Summary

• 83 beds
  • 83 self-contained studio apartments

Development

• New build
• Planning consent achieved by Crosslane August 2017
• Site acquired by Crosslane November 2017
• Development site with planning sold to Brookfield September 2018
• Completed September 2021

Location

• 0.3 miles (6 mins’ walk) from University of Edinburgh faculty buildings
• 0.9 miles (20 mins’ walk) north of the main University of Edinburgh campus
• 0.5 miles (12 min’s walk) to the east of the city centre
• 0.4 miles (7 mins’ walk) from the main train station in Edinburgh (Waverley Station)

Summary

• 237 beds
  • 193 cluster flat en-suite rooms
  • 44 self-contained en-suite studio apartments

Development

• New build, high quality PBSA
• Planning consent achieved by the Crosslane Group
• Site acquired December 2015
• Work onsite commenced January 2016
• Completed September 2017
• Crosslane sold the site to Unite who are forward funding the development, with Crosslane undertaking role of developer

Location

• Located within central Edinburgh a short walk from the Royal Mile and Edinburgh’s main train station, Edinburgh Waverley.
• The site is a 10 minute walk to the main campus of Edinburgh University and is located mid-way between there and Pollock Halls, the university’s main accommodation campus.

Summary

• 437 beds
  • 293 cluster flat en-suite rooms
  • 144 self-contained en-suite studio apartments

Development

• New build
• Planning consent achieved by the Crosslane Group
• Land currently owned by the Crosslane Group
• Site acquired February 2016
• Work onsite commenced February 2016
• Completed September 2017
• Crosslane Lettings & Operational Management business: Prime Student Living achieved full occupancy in time for completion
• Crosslane sold site to Unite September 2017

Location

• Located within half a mile North of the city centre
• Approximately 10 minutes walking distance North East of the University of Sheffield & approximately half a mile from the main Faculty of Engineering campus
• 15 minutes walking distance from Sheffield Hallam University

Summary 

• 133 ensuite clusters & 1 premium studio

Development

• New build, high quality PBSA
• Planning consent achieved by the Crosslane Group
• Site acquired April 2016
• Work onsite commenced August 2016
• Completed September 2017
• Crosslane Lettings & Operational Management business: Prime Student Living mobilized the property in time for completion and continue to manage the building
• Crosslane sold the site to Kout Investments in April 2018

Location

• Located within half a mile east of the city centre
• Site is 300 meters from the University of Northumbria City Campus East and 0.3 miles from the main University of Northumbria Campus

Summary

• 281 beds
  • 164 cluster flat en-suite rooms
  • 117 self-contained en-suite studio apartments

Development

• New build
• Planning consent achieved by the Crosslane Group
• Site acquired April 2015
• Crosslane arranged & entered into construction contract with Midas Group
• Site sold by Crosslane to Knightsbridge (now Threesixty Developments) in August 2015
• Threesixty Developments completed development in September 2016

Location

• Site is in close proximity to Cardiff University, Cardiff Metropolitan University and University of South Wales
• Located in the city centre close to the lively and cosmopolitan main shopping district

Summary 

• 147 beds
• Premium self-contained, en-suite studio apartments

Development

• Conversion of a 1980s red brick office to create new, high quality PBSA
• Planning consent achieved by the Crosslane Group
• Site acquired December 2015
• Work onsite commenced January 2016
• Completed September 2016
• Crosslane Lettings & Operational Management business: Prime Student Living achieved full occupancy in time for completion

Location

• Located within half a mile north of the city centre
• Site is 0.2 miles from Newcastle University, 0.6 miles from University of Northumbria and a few minutes’ walk from Newcastle University Business School

Summary

• 203 beds
  • 161 cluster flat en-suite rooms
  • 42 self-contained en-suite studio apartments

Development

• New build
• Planning consent achieved by the Crosslane Group
• Site acquired October 2013
• Completed August 2015
• Managed by Crosslane Lettings & Operational Management business: Prime Student Living since 2015
• Crosslane sold the site to Brookfield in October 2016

Location

• Adjacent to St James Point, Phase I
• Site is directly opposite Newcastle University Business School and half a mile from Newcastle University main campus
• Located half a mile north of the city centre

Summary

• 166 beds
• 166 self-contained en-suite studio apartments
  • Conversion of a 11 storey office building to create new, high quality PBSA
  • Planning consent achieved by the Crosslane Group

Development

• Site acquired 2014
• Completed September 2015
• Managed by Crosslane Lettings & Operational Management business: Prime Student Living since 2015

Location

• Located 0.4 miles South East of the University of Bristol campus, less than a 10 minute walk away.
• Situated in the city centre, with a number of pubs, bars and restaurants in the immediate vicinity.

Summary

• 323 beds
  • 314 cluster flat en-suite rooms
  • 9 self-contained en-suite studio apartments

Development

• New build
• Planning consent achieved by the Crosslane Group
• Site acquired 2014
• Completed September 2015
• Managed by Crosslane Lettings & Operational Management business: Prime Student Living since 2015

Location

• Located directly opposite Liverpool John Moores University’s (JMU) Tithebarn library, only 0.3 miles from JMU’s main Byrom Street campus to the east
• Liverpool Hope University & the Liverpool School of Performing Arts are just a short bus journey away
• Situated 0.4 miles north of Liverpool’s vibrant city centre

Summary

• 259 beds
  • 259 self-contained en-suite studio apartments

Development

• New build
• Planning consent achieved by the Crosslane Group
• Site acquired April 2014
• Completed September 2015
• Managed by Crosslane Lettings & Operational Management business: Prime Student Living since 2015

Location

• Site is directly opposite Birmingham University Edgbaston campus and the brand new state of the art University sports centre
• Located less than 5 minutes’ walk from the University Business School

Summary

• 216 beds
  • 216 self-contained en-suite studio apartments

Development

• New build
• Planning consent achieved by the Crosslane Group
• Site acquired March 2013
• Completed August 2014
• Managed by Crosslane Lettings & Operational Management business: Prime Student Living since 2014
• Crosslane sold the site to Brookfield in October 2016

Location

• Site is directly opposite Newcastle University Business School and half a mile from Newcastle University main campus
• Located half a mile north of the city centre

Summary

• 133 beds
  • 87 cluster flat en-suite rooms
  • 45 self-contained en-suite studio apartments
  • 1 one-bedroom flat

Development

• New build
• Planning consent achieved by the Crosslane Group
• Site acquired 2013
• Completed August 2014
• Managed by Crosslane Lettings & Operational Management business: Prime Student Living since 2014

Location

• Site is 0.5 miles south of the University of Bristol campus
• Located 0.7 miles south west of Bristol City Centre

Summary

• 128 beds
  • 128 cluster flat rooms

Development

• Conversion of a former warehouse building into new purpose-built student accommodation
• Planning consent achieved by the Crosslane Group
• Site acquired 2011
• Completed 2012
• Managed by Crosslane Lettings & Operational Management business: Prime Student Living since 2012

Location

• Located less than 500m from the university of Dundee and Abertay university

Summary

• 81 beds
  • 81 cluster flat rooms

Development

• Site acquired 2012
• Managed by Crosslane Lettings & Operational Management business: Prime Student Living since 2012

Location

• Located within walking distance of Glasgow, Strathclyde and Caledonian Universities, with Glasgow School of Art just across the road

Summary

• 148 beds
  • 148 cluster flat en-suite rooms

Development

• Site acquired 2011
• Managed by Crosslane Lettings & Operational Management business: Prime Student Living since 2011

Location

• Located 5 minutes’ walk from the University of Edinburgh’s main Central Campus

Summary

• 233 cluster flat rooms

Development

• Site acquired 2011
• Managed by Crosslane Lettings & Operational Management business: Prime Student Living since 2011

Location

• Located in the city centre a short bus or bike ride to Lancaster University Campus
• Lancaster University ranks in the top 20 universities in the UK

Summary

• 413 beds
  • 379   2, 3, 4, 5 & 6 cluster flats
  • 9       1 bed flats 
  • 25     studios

Development

• Site acquired 2010
• Managed by Crosslane Lettings & Operational Management business: Prime Student Living since 2010

Location

• Located within a five minute walk from the university of Dundee and Abertay university

Summary 

• 48 beds
  • 48 cluster flat en-suite rooms

Development

• Site acquired 2008
• Managed by Crosslane Lettings & Operational Management business: Prime Student Living since 2008

Location

• Located directly opposite Manchester Metropolitan University and a few minutes’ walk from The University of Manchester and the heart of the city centre