Hines has acquired a new 260 bed PBSA development at Gas Lane in Bristol on behalf of the Hines European Property Partners Fund from Watkin Jones.

The site will provide critical new student housing supply in Bristol and is part of Bristol Temple Quarter, it will transform the current brownfield site into a new student community, creating 219 ensuite cluster bedrooms and 41 self-contained studios along with best-in-class amenities including a landscaped roof terrace. 

Jorge Duarte, senior managing director and fund manager of HEPP, said: “The creation of class-A student living schemes in our preferred markets is a high-conviction investment theme for us and we’re delighted to have secured another asset in a prime location.

“The number of students going into education has grown exponentially and the undersupply of purpose-built and high-quality student housing in the UK is well documented. Schemes like this one provide the opportunity to play our part in building the PBSA that the UK desperately needs, while seeking to deliver real value to our investors.” 

The site lies next to the University of Bristol’s new Temple Quarter Enterprise Campus with the main Bristol train station, Temple Meads, less than half a mile away. It is expected to be completed in time for the start of the 2025/26 academic year.