Unite Students signs deal on £98m First Way Campus scheme near Wembley

Developer Cole Waterhouse and property investment firm Topland Group have forward funded their 680-bed First Way Campus to accommodation provider Unite Students.

The scheme, funded for £98m, will create a mix of student homes, academic space and offices within a few minutes’ walk of Wembley Stadium.

Included in the plans are seminar rooms, staff offices and student amenity areas including a café, gym, library and landscaped gardens.

Additional office space will be available for graduates, startups and small businesses.

Cole Waterhouse CEO Damian Flood said: “We are delighted with the funding of First Way Campus.

“Our aim for this development was to produce an opportunity for investment into a quality student development that students would actually want to live in.”

He continued: “The sale to Unite shows that everything from the design to the on-site amenities is the ideal environment for students.

“We are dedicated to creating developments that cater and benefit student, residential and commercial activity.”

Real estate services firm Colliers advised Cole Waterhouse on the deal.

Toby Nicholson, director at Colliers, commented: “First Way Campus is a fantastic opportunity for Unite to grow their presence in the Wembley Park Regeneration Area, where they already home 700 students at their Olympic Way property.

“There is so much going on that’s drawing students from First Way Campus across London, thus demonstrating how in demand Wembley Park is as a place to live, work and study.”

Cole Waterhouse is based in Manchester and London.