UK: Valpre Capital has acquired a 244-bed PBSA consented site on Rockingham Street, Elephant and Castle, south London.
CKC Properties Ltd will lead the development of the project, which is called The Roc Club.
Located in London’s Zone 1, the site is a two-minute walk from Elephant and Castle Underground Station and within 10 minutes of more than 30 higher education institutions.
Designed by architects Maccreanor Lavington, the 24-storey scheme will comprise 206 studios and 38 ‘twodios’, many offering panoramic views over the City and Canary Wharf. Amenities will include a reception area, student lounge, gym and entertainment spaces, laundry facilities, and 215 bicycle parking spaces. Completion is targeted for Q2 2028.
Katch Investment Group is backing the project as an anchor equity partner, bringing both financial backing and strategic expertise.
Mazen AbouChakra, managing partner of Valpre Capital, said: “This is an exciting milestone for Valpre Capital as we expand our focus on delivering high-quality student accommodation in prime UK locations. We are delighted to partner with CKC Properties on this development as we grow our presence together in the UK PBSA market. We are also proud to have Katch Investment Group as an anchor equity partner – a well-established investor in the living sector across Europe and the UK. It was a pleasure working with the seller’s team led by Marc Foster from Melrose Capital, who facilitated the transaction together with his experienced development partner, Alumno.”
Geoff Thomas, founder & CEO of CKC Properties, said: “We are very happy to partner with Valpre Capital on this landmark project. At CKC Properties, we are passionate about creating developments that meet the evolving needs of students while seamlessly integrating with the local community and environment.”
David Campbell, founder of Alumno, added: “We are glad to have transacted with Valpre Capital and CKC Properties on this best-in-class development. Thanks to Melrose Capital for the constant support throughout the transaction.”
Investment agency Harris Associates, together with Tuatara Real Estate, provided advice on the transaction to Valpre Capital.
