Future Generation secures £62m loan for largest project to date
Student accommodation specialist Future Generation has secured a £62m development loan from Maslow Capital to build a large development in Guildford, Surrey
Andrew Southern, chairman of Southern Grove and Future Generation, said:
“Maslow Capital understands the fundamentals of the student market and are themselves specialists in this sector. We’re delighted to partner with them again for what is the single biggest loan facility secured by Future Generation so far”.
Similar projects in Sheffield and Colchester, that were also supported by Maslow Capital, are currently under development and both due to complete before the start of the 2019/20 academic year. Guilden Park takes the total value of Maslow Capital loans across the three schemes to in excess of £100m