Moorfield Group has completed construction works at Enso, a 282-bed purpose-built student accommodation (PBSA) scheme in Colchester.

Delivered in partnership with Melberry Developments, Enso started construction in 2021 and it has been completed on behalf of Moorfield Real Estate Fund IV.

The development includes 282 studio rooms and cluster flats across one building of nine floors. Communal amenities include study, social and gaming spaces as well as indoor and outdoor fitness facilities.

Heiko Figge, Head of Operational Assets at Moorfield Group, said: “Student housing has been one of the UK’s most resilient asset classes over the past two decades, further proven in the post-pandemic environment, where performance has been challenging in other traditional sectors.

“The UK’s leading reputation on the university world stage continues to attract both domestic and international students, which is exacerbating the accommodation supply-demand imbalances. The student housing sector offers investors long-term, inflation-linked income streams and defensive, structurally underpinned characteristics.”

The building will be operated by CRM, with occupation from September this year, the site is located on Hawkins Road, less than 20 minutes from University of Essex by foot, students will benefit from the building’s strong transport connections, with the nearby Hythe railway connecting to Colchester mainline station.