Second Student deal for Select Property Group in Leeds
Updated: Mar 20, 2019
Select Property Group is the new owner of Portland Crescent, the site of the part-built Leeds Arena Hotel. This will be Select’s second site for its Vita Student brand in the city, with its St Alban’s Place development already under construction, taking the company’s investment in Leeds city centre to £110m.
Subject to planning, the building, which represents an investment of £56m, will restart later this year, using the existing design to create 273 premium student apartments. Amenities will include large social hubs for students to socialise or attend events in, as well as features such as movie rooms, private dining rooms, state-of-the-art movie rooms and study areas.
Richard Fisk at Pudney Shuttleworth acted for Select on the acquisition.