Specialist real estate finance provider Maslow Capital has provided a £116.6 million Development facility to YourTRIBE, supporting the delivery of a new purpose-built student accommodation (PBSA) scheme at Watkin Road, Wembley, London.
The scheme will deliver 609 PBSA beds, alongside 12,275 sq ft of commercial space. Located close to Wembley Stadium, the development is set to comprise three blocks, rising up to 27 storeys. Following Gateway 2 approval at the end of last year, construction is now underway and expected to complete in summer 2028 with HG Construction appointed as the main contractor.
The development will deliver a comprehensive suite of amenity spaces arranged across multiple levels, including a concierge, co-working facilities, resident lounges, gym, cinema, podcast studio, games room and private dining areas, underpinning a high-quality, premium operational offering for students.
This transaction, introduced to Maslow by Atrium RE, is the second deal Maslow Capital has supported for YourTRIBE, following the completion of £114 million of development financing to fund two PBSA schemes in Walthamstow and Greenwich. Together, the transactions take Maslow Capital’s total lending to YourTRIBE to £230.6 million, supporting the delivery of 1,247 PBSA units across three London schemes.
