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Study Inn Acquires Leicester Site

Posted by Richard Ward in

Image courtesy of Flickr, Creative Commons

Study Inn has reportedly acquired Reynard House in Leicester for an undisclosed sum.

Reynard House consists of a vacant office space located to the south of Leicester city centre and is within walking distance of the railway station and both the University of Leicester and DeMontfort University.

The site has planning permission for conversion to residential use and an extension of the existing building to provide 79 apartments.

Commenting on the deal, Study Inn's acquisition manager, Jack Jefferson, said: "This this is another well located building in a good university city and we are very pleased to be adding it to our portfolio."

Cushman & Wakefield advised the vendor on the sale, with associate Joe Williams, adding: "The sale is further evidence of the strong demand for residential and student development opportunities within the East Midlands. Study Inn will undoubtedly deliver high quality student accommodation ideally located for De Montfort's students."