Green Street News has covered the £112 million green development loan from Precede Capital and Deva Capital for the Bollo Lane student-led residential scheme in Acton, West London – a joint venture between Hurlington Capital and the V Fund.
The financing will support the delivery of a mixed-use community comprising purpose-built student accommodation (PBSA), affordable housing, and commercial space, with 429 student bedrooms, 95 affordable homes and commercial space, due to be completed ahead of the 2028/29 academic year.
An independent assessment by Seismic found that the scheme exceeds the Precede Capital Green Loan Framework criteria and aligns with the LSTA’s Green Loan Principles. The scheme targets an EPC “A” rating for both blocks, BREEAM “Excellent” for student accommodation, and “Very Good” for commercial space.
