en.Wedoany.com Reported - Investec Bank has provided a £46.95 million senior investment loan to specialist student accommodation operator YourTRIBE for its 226-bed project in the Elephant & Castle area of South London. The financing refinances existing lenders and supports continued investment in the YourTRIBE platform.

This transaction is the second deal completed by Investec with the group, following a £37 million financing for YourTRIBE's South Bermondsey Purpose-Built Student Accommodation (PBSA) project. Investec's relationship with the broader borrower group spans over 20 years.

The project is already operational with students in residence. According to Investec, the project is located near Elephant & Castle underground station, in a market where student bed supply is structurally insufficient relative to demand.

Ian Burdett of Investec Real Estate said: "This transaction reflects Investec's long-standing relationship with the YourTRIBE borrower group and the bank's continued support for the business as it expands in the London PBSA market."

James Rogers, Investment Director at YourTRIBE, said: "The financing provided by Investec is highly aligned with our capital requirements and growth plans. The Elephant & Castle project fully meets our objectives: to provide professionally managed, well-located accommodation serving London's undersupplied student market."

This deal adds to Investec Real Estate's activity in the UK student accommodation and co-living sectors. The lender completed £226 million in transactions in the 2025/26 financial year and £462 million over the past three financial years. This financing comes as real estate companies continue to strengthen their teams to support growth in specialist sectors.

The student accommodation sector has attracted significant investment in recent years, with operators targeting areas near major universities and transport hubs. Despite adjustments in forecasts for the broader UK housing market, the PBSA market continues to benefit from a structural undersupply relative to student numbers. According to Investec, this refinancing provides YourTRIBE with capital to support the next phase of growth for its platform, as the operator expands its presence in the London PBSA market.

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