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Landmark has acquired a prime site on William Road in central London and plans a a new development of 225 purpose-built student beds.<\/p>\n
The Zone 1 site is just a 10-minute walk from University College London (UCL), Euston Station and Regent\u2019s Park.<\/p>\n
It marks the start of Landmark\u2019s planned UK strategy focused on student housing in prime regional university cities and super-prime central London locations.\u00a0 The firm currently has a pipeline of more than 3,000 beds.<\/p>\n
Wes Rogers, Chairman and CEO of Landmark Properties said: \u201cClosing our first development deal in the UK represents a huge milestone for Landmark.\u201d<\/p>\n
Landmark is partnering with global student accommodation manager Centurion Corporation on the William Road scheme.<\/p>\n
Kong Chee Min, CEO of Centurion Corporation Limited said: \u201cTogether with Landmark\u2019s proven development expertise, we are excited to expand our operational excellence to London, our sixth city in the UK, and deliver a premium purpose-built student accommodation.\u201d<\/p>\n
The land sale was brokered by the Student Property team at Knight Frank.<\/p>\n
Partner Rupert Strutt said:\u00a0\u201cLandmark\u2019s debut UK investment is a significant cross-border play by one of the largest US student housing providers. Their entry into London is a significant vote of confidence in the sector\u2019s resilience and long-term growth.<\/p>\n
\u201cThere is a great appetite for well-located, high-quality schemes and overseas investors are particularly attracted to UK PBSA as the demand continues to outstrip supply. As we progress through 2025, the sector remains well-positioned for another year of robust investment.\u201d<\/p>\n<\/p><\/div>\n