Global PE firm backs major PBSA near the University of Warwick
Global private equity firm KKR has agreed to forward fund a 544-bed purpose-built student accommodation (PBSA) scheme near the University of Warwick. KKR and its European living sector platform, Inhabeo, have backed the six-storey development, named Progress House. PBSA developer Gilltown and main contractor Winvic will deliver the scheme on Westwood Way, replacing an existing office building on the edge of Westwood Business Park. It will include a 4,000 sq ft commercial space on the ground floor, alongside study space …