JLL has been appointed as adviser on the sale of Fusion Group’s purpose-built student accommodation (PBSA) portfolio. Four prime assets located in Birmingham (622 beds), Loughborough (541 beds), Glasgow (619 beds), and Cardiff (706 beds), make up the portfolio.
Fusion’s Birmingham site on Bristol Road and the Loughborough site on Limehurst Avenue are expected to open in 2027.
“The launch of the next phase of developments, alongside our living sector operating platform, underscores our commitment to delivering a consistent experience from development to operations.
“With these new projects, as well as our current developments set to open in September 2025 and 2026, we are expanding our portfolio to 6,000 beds under the Fusion brand and operating platform, with an AUM exceeding £1.3bn.
“Fusion emphasises design for positive living, and these latest strategic moves mean we can ensure that our communities continue to receive the same quality and attention that we put into designing and building them.”
Nigel Henry, CEO, Fusion Group
The portfolio is characterised by its prime locations, high-quality amenities and strong ESG credentials. All assets are targeting BREEAM Excellent ratings, showcasing their high environmental performance.
The properties will feature amenities including fitness centres, communal study spaces, social hubs, and outdoor recreational areas.
“We are delighted to be working with Fusion Group on this exciting new chapter in their journey and believe they will present a significant opportunity for investors to benefit from what Fusion do best; strong site selection,100 per cent success on planning and developing highly attractive PBSA schemes that focus on the living experience.
“The portfolio offers investors the chance to acquire premium assets in prime university locations with strong supply-demand fundamentals.”
Huw Forrest, Head of UK Student Housing, JLL
This news follows Fusion Group’s four recent senior appointments. Existing board member, Paul Miles has been appointed as Group Construction Director, Julian Evans has been promoted and added to the board, while Fusion has also named two external advisors – Marcus Sperber, BlackRock’s former Managing Director and Head of Global Real Estate and Mishcon de Reya’s former Head of Real Estate, Nick Doffman.
