Loan unlocks offices to student accommodation deal

A £113m loan has been agreed to finance the transformation of 450,000 square feet of vacant London office space into 1,085 student beds in the Royal Docks.
Firma Partners has provided funding to DPK Group for the conversion of the Royal Albert Dock office complex in East London into a Purpose Built Student Accommodation (PBSA) scheme with a GDV of £300m.
The loan will finance refurbishment of 20 buildings at the riverfront Docklands site which were originally constructed by Brookfiel