Street scene with tall modern building and urban skyline at dusk

Crown Place, Portsmouth

Planning application submitted for 576 student bedspaces. Planning permission approved from Portsmouth planning department on first attempt – New Build – 576 student bedspaces. 202 studios, 374 twodio beds. Social space 360 sqm.

Acquistion: Site with planning permission for a 23 storey hotel.

Size: 576 bedspaces

Value: £72m

Managing Agent: CRM Students

Status: 100% occupied during ownership

Funder: JV with W P Carey

Sold to Apollo – The Jewel Portfolio.

A desk by a window with a lamp, framed photo, mirror, metallic dog figurine, and box on the windowsill.
Modern lounge with gray and wood paneling, featuring booth seating, pendant lighting, and small tables with dark stools.
Modern cafe interior with wooden tables, stools, and window seating, featuring neutral colors and contemporary lighting.
Modern conference room with long white table, black chairs, kitchen area, overhead lighting, and large windows.
Modern conference room with a long white table, surrounded by chairs, large windows, and soft lighting.
Modern entertainment room with a large flat-screen TV displaying streaming options, blue cushioned seating, minimalist decor, and an open door leading to another room.
Modern bedroom with single bed, desk, chair, and two windows with cityscape view.
Modern bedroom with bed, decorative pillows, desk, and window view
Modern studio apartment interior with a compact kitchen and a bed. The kitchen features wood cabinets, a stovetop, and pots. The bed has white bedding and patterned pillows. A window with a gray blind is present.
Interior shot of a modern seating area with a wooden bar and stools against a dark paneled wall, illuminated by four overhead wall-mounted lights.
Modern interior with a dark blue textured wall featuring three industrial-style sconces with speckled shades, a long wooden counter, and wooden stools.
Modern room with geometric wall design, built-in seating, and wall sconces.
Modern café interior with geometric wall art, a grey cushioned bench, circular table and stools by a window, and contemporary lighting fixtures.
Modern conference room with a long table, black chairs, and wall-mounted lights.
Modern gym interior with treadmills, exercise bikes, mirrored wall, and geometric patterned walls.
Indoor bike storage room with multiple bicycles parked in metal racks, fluorescent lighting, and exposed ductwork on the ceiling.
Modern conference room with a long white table and dark blue chairs, featuring dark paneled walls and a window.
Modern lounge area with armchairs, ottomans, and tables near large windows overlooking a cityscape.
Interior view of two blue chairs and tables by a large window, overlooking a street with a pedestrian walking on the sidewalk.
Modern office hallway with dark wood flooring, contemporary furniture including chairs and stools, and an exit sign on the ceiling.