Partnered with BP Pension Fund, this 56,000 sq. ft. office building located in the heart of Bristol city centre was acquired in 2015.
The property was acquired for conversion to residential use, leveraging off its location adjacent to Bristol University and the Bristol Royal Infirmary.
Detailed planning consent was obtained for a total of 106 residential units, designed to appeal to both the PRS and first-time buyer markets, with zero affordable housing provision.
Due to significant interest from PRS operators the site was sold with the benefit of planning consent, generating a return of [ ]%.