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Investec provides £12m loan to fund Stelling Properties’ PBSA development

Investec has provided Stelling Properties Group with an £11.85 million loan to finance the construction of a modular purpose-built student accommodation (PBSA) scheme in Southampton.

The 122-studio scheme, which will be operated by Unilife, is due to complete in time for the 2024/25 academic year. L...