University Support for PBSA Under the London Plan
The GLA’s London Plan sets out strategic guidelines for development in the capital, including student accommodation. Many PBSA developers are having difficulty in gaining traction with universities to provide the support for student accommodation projects required through the planning process as envisaged by Policy H15 of the London Plan.
SFG is retained by a number of PBSA developer clients to introduce Higher Education Providers (HEPs) to support potential developments that would be a good fit. We currently have over 7,000 beds across London within our remit.
We work with universities to introduce them to developers that may have a suitable scheme. We assist in the negotiation of the proposed nomination or lease arrangement working with legal and planning teams to accurate documentation through detailed Heads of Terms, and subsequently a nomination agreement or lease. We do this as part of producing an Accommodation Strategy for universities in London, or for one-off requirements.
