Calico Liverpool student scheme sold to Dubai investor
Niveda Group, a London-based developer and asset manager, has offloaded the 735-bedroom block on Liverpool’s Norton Street to an unnamed private buyer for £61.5m.
The £38m project completed in October 2019 and comprises 220,000 sq ft of purpose-built student accommodation plus social hub areas and a retail area spanning two blocks. The bedrooms are arranged into five- and six-bed cluster flats and there are also 101 self-contained studios.
Calico was designed by architecture studios KKA and, later, Falconer Chester Hall and replaces a series of now-demolished commercial buildings and a former car park close to Liverpool city centre. The main contractor was Create Construction and Fresh Student Living is the property manager …