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Regal Secures Maslow Loan For Chalk Farm Road Pbsa

mixed-use
Feb 12, 2025
Article Source LogoBuilding Systems UK
Building Systems UK

Developer Regal has successfully secured a £115 million development loan from specialist finance provider Maslow Capital.

The loan will fund the construction of a 264-bed Purpose-Built Student Accommodation (PBSA) project, alongside 30 affordable residential units and nearly 9,000 square feet of commercial space, all located in the heart of Camden, London.

The development will be situated on Chalk Farm Road, a prime spot next to the iconic Grade II-listed Roundhouse. This strategic location places the project in one of London’s most vibrant and culturally rich districts, with a design that aims to enhance both student and residential living. The scheme will include four blocks, with heights reaching up to twelve storeys.

Focusing on both student housing and affordable residential options, the development will feature cutting-edge amenities, such as an external study courtyard, breakout spaces, a gym, and dedicated study areas. With over 2.06 square metres of internal amenity space per room, the project is designed to cater to modern living standards. It also aims to achieve top-tier ESG (Environmental, Social, and Governance) certifications, including BREEAM Outstanding, WELL Platinum, and WiredScore Platinum.

The Regal development, which received a loan from Maslow Capital, is strategically positioned for easy access to central London, with Chalk Farm Underground Station just a two-minute walk away. This provides direct links to major transport hubs like King’s Cross and Euston, along with several key university campuses across the city. The site is also close to Primrose Hill and Camden’s famous entertainment and cultural venues, making it an appealing location for both students and residents.

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