The Student team have pieced together and disposed of student housing portfolios. They are able to introduce investors, developers and operators to take an idea to a fully funded and developed student scheme across the UK.
Harris Associates sold this prime Central London development opportunity.
Harris Associates acted for Melrose Capital for the sale of 17-33 William Road & 35-37 William Road which were the former head offices of Addison Lee. The site was sold to MBU capital for £22.75m The team worked closely with the client, planning advisors and architects in order to evaluate the alternative use potential and come up with the most valuable proposed scheme.
The interest was extremely high as the team conducted over 80 inspections which lead to multiple competitive bidding rounds and culminated in a very successful sale for our client.
Working with Jamie Harris and Harris Associates has been totally refreshing. We’d like to think as developer/operators Fusion disrupted the market several years ago. Harris Associates as boutique ‘brokers’ in the space are now doing the same, but better, as consultants / agents to this excitingly boring asset class. They are constantly thinking outside the box, they are great fun to work with and exceptionally smart.
There are very few niche players that are able to understand transactions from both sides of the fence and effectively broker a deal that all parties feel they have benefited to the optimum from. Jamie and Harris Associates fall easily into that rare group. We would highly recommend working alongside the skilled and personable team at Harris Associates and see them as key to extracting best value out of deals in the PBSA sector
Harris Associates represent some of the world’s largest private equity funds and UK institutions in the student sector. Their deep knowledge and expertise is unrivalled, providing expert guidance throughout a forward-funding journey. I would have no hesitation in recommending them to both developers and owners alike
The student team at Harris Associates have a cast-iron reputation within the sector. Their dynamic and entrepreneurial approach to PBSA is both refreshing and innovative