Queens Court, Reading
Submitted planning application for 395 bedspaces – Planning permission approved from Reading planning department on first attempt for conversion of existing building with two extra floors added. 118 studios, 12 double-occupancy studios, 48 duplex studios, 204 twodio beds and 13 cluster beds. Social space 890 sqm.
Acquisition: 1980s Office Building
Size: 395 bedspaces
Value: £50m
Managing Agent: CRM Students
Status: 100% occupied during ownership
Funder: JV with W P Carey
Sold to Hines.