U.K. Project To Provide Much-Needed PBSA

Torsion Group, a Leeds, U.K.-based residential developer, contractor and operator, and Zenzic Capital, a real estate credit and special situations manager, recently hit a milestone in their Purpose-Built Student Accommodation (PBSA) strategy with planning consent secured on Kirkstall Road, Leeds. The scheme will comprise 205 studio rooms across 10 floors as well as communal spaces, roof gardens, a gym, a social lounge, cycle storage and study areas. The asset will be built to modern, high-quality specifications and is targeting a BREEAM ‘Excellent’ rating and a 3 Star Fitwel Certification. Torsion Construction will act as the main contractor to undertake all aspects of on-site delivery. Torsion Developments will act as development managers throughout the duration of the project. Once the project is completed, will be operated by LUNA Students, which is part of Torsion Group and one of the leading property management experts in the student accommodation sector.