Crown Place, Cardiff
Submitted planning application for 378 bedspaces – Planning permission approved from Cardiff planning department on first attempt for conversion of existing building with one extra floor added. 74 studios, and 304 twodio beds. Social space 470 sqm.
Acquistion: 1980s Office Building
Size: 378 bedspaces
Value: £47m
Managing Agent: CRM Students
Status: 100% occupied during ownership
Funder: JV with W P Carey
Sold to Apollo - The Jewel Portfolio.