Precede Capital and Deva provide development financing for Acton student accommodation scheme with Firma and Nomura
Precede Capital and Deva Capital provided a £112 million green development loan to Hurlington Capital and the V Fund for Bollo Lane, a mixed-use student-led scheme in Acton, West London.
The development will deliver 429 student bedrooms, 95 affordable homes and ground-floor light industrial workspace and is targeting an EPC rating of at least “B” and BREEAM “Excellent”. Back-leverage was provided by Nomura and Firma Partners.