Regal secures £115m Maslow loan for Chalk Farm Road PBSA

Maslow Capital's loan will support the delivery of Regal's Chalk Farm Road scheme in the heart of Camden, London.

Regal's Chalk Farm Road scheme in Camden | PBSA News
Regal's Chalk Farm Road scheme in Camden.

Maslow Capital has successfully closed a £115m development loan with residential-led mixed-use developer Regal for the Chalk Farm Road purpose-built student accommodation (PBSA), which secured planning permission in September 2024.

The funding will support the delivery of the 264-bedroom PBSA bedroom scheme, alongside 30 affordable residential units and 8,935 sq ft of commercial space in the heart of Camden, London. The project will comprise four blocks reaching up to twelve storeys.

Occupying a prime location on Chalk Farm Road, adjacent to the Grade II-listed Roundhouse, the development will enhance both student and residential living in one of London’s most vibrant cultural districts.

Designed to meet the growing demand for high-quality PBSA housing and affordable homes, the scheme will feature state-of-the-art amenities, including an external study courtyard, breakout spaces, a gym and dedicated study areas, with over 2.06 sqm of internal amenity space per room. The Chalk Farm Road scheme is targeting BREEAM Outstanding, WELL Platinum and WiredScore Platinum certifications.

“The partnership with Maslow Capital underscores Regal’s commitment to delivering high-quality, institutionally backed PBSA and mixed-use developments in prime London locations.

“This scheme exemplifies our strategy of integrating best-in-class design, ESG leadership, and connectivity to meet the evolving demands of students and residents.

“The speed and efficiency of this funding process reflects Maslow’s execution expertise and our shared focus on delivering high-yielding, resilient assets in structurally undersupplied markets.”

Marc Eden, Investment Director, Regal 

The development also benefits from exceptional connectivity, with Chalk Farm Underground Station a two-minute walk away, providing direct access to King’s Cross, Euston, and other key university campuses across central London.

The location is further enhanced by its proximity to Primrose Hill and Camden’s renowned entertainment and cultural hotspots, making it an attractive proposition for students and residents alike.

“Maslow is delighted to support another best-in-class developer in delivering what is set to become an iconic landmark in Camden.

“Both parties brought extensive experience and expertise, ensuring a seamless funding process after agreeing terms.

“We remain committed to addressing the UK and Europe’s housing shortage, and this project is a prime example of the impact strong partnerships can have in delivering much-needed living spaces.”

James Henry, Director of Origination, Maslow Capital

The UK student population has witnessed significant growth over the past five years, driven by rising domestic and international enrolments. London, home to four of the world’s top 100 universities, remains one of the most structurally undersupplied student housing markets, with demand for PBSA far exceeding available supply.