Developer Fusion Group and global alternative investment manager Cheyne Capital have jointly acquired a second site for a £275m purpose-built student accommodation scheme in Brent Cross Town.
The 180-acre Brent Cross Town site is an £8bn mixed-use development in north London being delivered by Related Argent and Barnet Council which, when complete, will comprise 6,700 new homes, workspace for 25,000 people, schools, a high street, leisure spaces and over 50 acres of parks and playing fields.
The £275m student accommodation scheme will deliver 650 student beds with a planning application set to be submitted by the end of this year.
It will include expansive study areas, a digital competitive gaming zone where residents can play virtual sports including football, padel and tennis, as well as a health kitchen that includes a zero-waste shop, private dining, a yoga studio, a herb garden and relaxation pods.
It will be the seventh development on which Fusion and Cheyne have partnered and their second in Brent Cross Town.
Julian Evans, Land and Planning Director at Fusion Group, said: “Brent Cross Town is London’s most exciting new neighbourhood.
“As we continue our community engagement to ensure we can best contribute to the vibrancy of this neighbourhood, we’ll bring our decades of experience of developing residential assets in urban regenerations across the country to deliver another best-in-class student scheme as part of the town.”
Hamish Gordon of Cheyne Real Estate, added: “The student housing market continues to be driven by considerable demand, with a growing need for high-quality and well-located developments across the UK and particularly in London.”
Confirmation of Fusion’s second development continues the significant progress being made at Brent Cross Town, where seven buildings are under construction with the first residents moving into the town later this year.
The first office building, 3 Copper Square, is underway and will be completed in 2026. In total, over 930 homes, including affordable, market sale, and rental homes are on-site, alongside the first 662 student rooms in partnership with Fusion and Cheyne.
The first permanent public park, Claremont Park, opened in June 2022 and Brent Cross West mainline station, which opened in December 2023, connects with St Pancras International in as little as 12 minutes.
Brent Cross Town already boasts a selection of local retail and leisure offerings, and Sheffield Hallam University will open its first campus outside Sheffield at Brent Cross Town.
