Regal secures £115m Funding for Flagship Camden PBSA and Mixed-Use Development

Regal, one of the capital’s leading residential-led mixed-use developers, has successfully closed a £115 million development loan with specialist real estate finance provider Maslow Capital. The funding will support the delivery of a 264-bed Purpose-Built Student Accommodation (PBSA) scheme, alongside 30 affordable residential units and 8,935 sq. ft of commercial space in the heart of Camden, London.

Occupying a prime location on Chalk Farm Road, adjacent to the Grade II-listed Roundhouse, the development will enhance both student and residential living in one of London’s most vibrant cultural districts. The project will comprise four blocks reaching up to twelve storeys.

Designed to meet the growing demand for high-quality student housing and affordable homes, the scheme will feature state-of-the-art amenities, including an external study courtyard, breakout spaces, a gym, and dedicated study areas, with over 2.06 sq. m of internal amenity space per room. It will also achieve best-in-class ESG credentials, targeting BREEAM Outstanding, WELL Platinum, and WiredScore Platinum certifications.

The development benefits from exceptional connectivity. Chalk Farm Underground Station, just a two-minute walk away, provides direct access to King’s Cross, Euston, and other key university campuses across central London. The location is further enhanced by its proximity to Primrose Hill and Camden’s renowned entertainment and cultural hotspots, making it an attractive proposition for students and residents alike.

The UK student population has witnessed significant growth over the past five years, driven by rising domestic and international enrolments. London, home to four of the world’s top 100 universities, remains one of the most structurally undersupplied student housing markets, with demand for PBSA far exceeding available supply.

Marc Eden, Investment Director at Regal commented:

“The partnership with Maslow Capital underscores Regal’s commitment to delivering high-quality, institutionally backed PBSA and mixed-use developments in prime London locations. This scheme exemplifies our strategy of integrating best-in-class design, ESG leadership, and connectivity to meet the evolving demands of students and residents. The speed and efficiency of this funding process reflects Maslow’s execution expertise and our shared focus on delivering high-yielding, resilient assets in structurally undersupplied markets.”

James Henry, Director of Origination at Maslow Capital, commented:

“Maslow is delighted to support another best-in-class developer in delivering what is set to become an iconic landmark in Camden. Both parties brought extensive experience and expertise, ensuring a seamless funding process  after agreeing terms. We remain committed to addressing the UK and Europe’s housing shortage, and this project is a prime example of the impact strong partnerships can have in delivering much-needed living spaces.”