Watkin Jones, the UK’s leading developer and manager of residential for rent, has announced the Group has recently practically completed on a 335-bed PBSA scheme called The Brook, situated in Lower Bristol Road in Bath.
This milestone marks the completion of the final development in a portfolio of three PBSA schemes located in Swansea, Nottingham, and Bath. These schemes were sold by Watkin Jones to EQT Exeter in 2022 as part of a larger transaction, which represented EQT Exeter’s first venture into the UK PBSA market.
Part of a major mixed-use project, The Brook is a two-building development that has 215 cluster flats and 120 studios which are now ready for incoming students for the 2024/25 academic year. The scheme will be managed by Fresh, the Group’s specialist accommodation management business.
Richard Harris, Managing Director – Group Delivery at Watkin Jones, said: “This is another milestone for Watkin Jones, and we are proud to hand over the keys to The Brook in time for the 2024/25 academic year.
“We have worked closely with EQT Exeter on this project to strengthen the availability of much-needed student accommodation in Bath, a city renowned for its excellent higher education, attracting both domestic and international students. Fresh will manage The Brook, ensuring it meets the very highest standards for student living and wellbeing.
“Watkin Jones remains committed to investing in the South West, to consistently delivering high-quality, sustainable student accommodation that provides a comfortable home for students.”
