Investment: West Midlands Hampshire Trust Bank Completes £10.92 Million Funding Deal for 202-Bed Student Accommodation in Stoke December 2nd, 2024 Deividas Krupstas Hampshire Trust Bank (HTB) has successfully completed a £10.92 million funding deal to support the development of a 202-bed Purpose-Built Student Accommodation (PBSA) project in Stoke. This strategic investment reinforces HTB’s commitment to addressing the growing demand for quality student housing across the UK.With a significant shortage of student housing nationwide, the PBSA sector has emerged as a vital growth area. HTB’s entry into this market is backed by the expertise of its Development Finance team, which has cultivated a robust pipeline of PBSA projects to deliver tailored funding solutions for investors.The Stoke development marks a milestone in HTB’s strategy to expand its presence in the PBSA sector. By leveraging its in-depth understanding of the asset lifecycle, the bank aims to foster long-term partnerships with investors and developers.
