The resounding success of the Primus Place student property development in Leicester is a prime example of the opportunities that exist in PBSA investments. Now completed and finished to a high standard, Primus Place is 100% occupied and has over 100 people on the waiting list.
Primus Place has been such a fantastic success for a variety of reasons. From a student perspective it fits the bill for all the criteria they are looking for – top quality accommodation and proximity to university and the city’s amenities. Primus Place benefits from having 150 larger than average, superb quality studio apartments designed specifically with the needs of the student market in mind. With students desiring safe, secure and comfortable surroundings to complete their studies, Primus Place was sure to attract a high degree of interest and it didn’t disappoint.
Leicester is home to two world class universities – University of Leicester and De Montfort University. Attracting over 40,000 students, Primus Place is the kind of accommodation that students are crying out for so its little wonder that the 150 studio apartments were rented out so quickly. The adjacent development of Primus Edge is destined to achieve the same success.