Norfolk House, Bristol BS1

Strategy: Student Housing Development

Size: 42,814 ft²

Acquisition Date: 2014

Realisation Date: 2016

Conversion of a former tax office in central Bristol to student accommodation. Rebranded as Water Lane Apartments, the building contains 153 high-spec studio contemporary apartments with communal facilities including a gym, cinema room, games room, study areas and a bookable dining room. It was fully let for September 2015, its first year of operation and sold to a PBSA REIT.