Wembley student campus hits market for £100m

10 Oct 2017

Cole Waterhouse and Topland Group are seeking £100m in forward funding for the First Way Campus, their 1.6 acre academic campus scheme in Wembley Park.

The site, which is currently under development, will provide academic accommodation including a teaching resource centre, a 300-person auditorium, seminar rooms and staff office space as well as student amenity areas including a café restaurant, student lounge, a gym, library/IT suite and student accommodation with 680 beds.

It is already 60% pre-let to The University College of Football Business, which is based in the nearby Wembley Stadium.

Office space will also be developed, potentially for use by graduates or small and start-up businesses.

Colliers International has been appointed to market the campus, which is due for completion in mid-2019.

Toby Nicholson, director at Colliers International, said:

“First Way Campus is located in the heart of one of London’s primary growth areas, Wembley Park, which is fast becoming one of the most vibrant and desirable places to live and work in London thanks to the £2.5bn redevelopment of the area around Wembley Stadium.

We are seeing strong demand for investment opportunities in this area and First Way Campus presents investors with a particularly exciting opportunity to get involved in a high quality development at an early stage.

Damian Flood, chief executive of Cole Waterhouse, added:

“First Way Campus is one of our most exciting projects we are working on with Topland Group and is an illustration of our continued belief in the Wembley area which is going from strength to strength.”

Source: Property Week