Liverpool Developer Downing in £90m student accommodation plans
Liverpool property group Downing has announced £90m plans to develop two student accommodation schemes in London and Cambridge, providing a total of 770 bed spaces.
The developer, which owns Liverpool landmarks such as Old Hall Street’s Capital Building and the waterfront Port of Liverpool Building, has completed the acquisition of a site in Acton, West London, from Goldcrest, and exchanged contracts to acquire three plots in Cambridge. Both sites have existing planning consent.
The move is in line with the group’s strategy to acquire sites in major UK student centres with a focus on top- tier university cities …