QMPF is delighted to have acted as lead and financial advisor to the London School of Economics and Political Science (LSE) on the selection of a consortium comprising Bouygues UK and Equitix as the preferred development partner for the redevelopment of the existing Bankside House student accommodation in Southwark, London.
Located opposite the Tate Modern art gallery, the project aims to increase the number of student beds on the site and support LSE’s ambition to offer a bed to every first-year student by 2030.
The redevelopment will include new amenity spaces and forms part of LSE’s wider plans to provide access to 6,000 student beds across its portfolio.
QMPF will continue to support the School as it works alongside Bouygues UK and Equitix, to begin the selection of a design team to work up proposals and prepares its planning application in early 2025.
Mike Ferguson, LSE Chief Financial Officer said, “We are delighted to have reached this milestone for the project and we look forward to building upon our strong relationship with QMPF as we progress the project through to completion. QMPF was able to build on its work with us on our Glengall Road residences project; understanding the School’s requirements and priorities”.