Atelier provides £3.5M to fund Bristol student accommodation project

Published by

Nicky Godding

Student Accommodation in Bristol supported by Rengen and Atelier

Property finance company Atelier has provided a £5.5 million facility to assist with the purchase and refurbishment of an existing building in Bristol, to maximise the rental income potential of 36 self-contained student studios. The scheme aims to be fully let for the beginning of the 2024/5 academic year.

Matt Measures, Senior Investment Manager at Atelier, said: ""We are delighted to fund our sixth project with Rengen. This project will assist with filling the Purpose-built Student Accommodation (PBSA) shortfall in Bristol through the refurbishment of a building in a prime student location."

Rengen is based in Bath.

Nicky Godding

Nicky Godding is editor of The Business Magazine. Before her journalism career, she worked mainly in public relations moving into writing when she was invited to launch Retail Watch, a publication covering retail and real estate across Europe. After some years of constant travelling, she tucked away her passport and concentrated on business writing, co-founding a successful regional business magazine. She has interviewed some of the UK’s most successful entrepreneurs who have built multi-million-pound businesses and reported on many science and technology firsts. She reports on the region’s thriving business economy from start-ups, family businesses and multi-million-pound corporations, to the professionals that support their growth and the institutions that educate the next generation of business leaders.