Puma Property Finance and Vita Group have recently announced a major new £24 million deal to develop a student accommodation scheme in Belfast. The project is set to provide much-needed student housing in the city, with the development of a 437-bed student accommodation complex.
The project, which is being funded by Puma Property Finance, will be located on the site of a former industrial building in the city centre. The development will include a range of modern student apartments, as well as communal areas such as a gym, cinema room, and study spaces. The scheme is expected to be completed by 2021, and will provide a much-needed boost to the local economy.
The scheme is being developed by Vita Group, a leading property developer in Northern Ireland. The company has a long history of delivering successful projects in Belfast, and this latest deal is set to be no exception. Vita Group are renowned for their commitment to providing high quality, affordable accommodation, and this project is set to be no different.
The new student accommodation scheme is set to provide much-needed housing for students in Belfast. With the city’s universities increasingly popular with international students, the new scheme will provide a much-needed boost to the local economy. It will also help to reduce the pressure on existing housing stock in the city, as well as providing an attractive option for students looking for affordable accommodation.
The project is set to be a major success for both Puma Property Finance and Vita Group. The two companies have worked together on numerous projects in the past, and this latest deal is set to be another successful collaboration. With the scheme due for completion in 2021, it is sure to be a major success for both companies.