Student accommodation firm secures £12.7m loan to deliver new University of Hull development
Kexgill, the student accommodation provider, is to deliver a brand new new development at the University of Hull after securing a multi-million pound investment.
OakNorth bank has provided a £12.7m loan package to Kexgill, which now acquire and refurbish 91 houses providing 436 students with accommodation. Most of the houses will be refurbished to five-bedroom en-suites with an average weekly rent of £112.
Founded in 1978, Kexgill is currently located in nine university locations throughout the UK – Middlesborough, Stockton... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
