Block Real Estate has advised a UK institution on the acquisition of a leased student accommodation scheme in Lincoln. The 519‑bed property is let to the University of Lincoln until 2038, with annual rent increases.

Strategic context

The University of Lincoln has previously invested in its own accommodation estate, including the 442‑bedroom Cygnet Wharf development completed in September 2017. That history provides context for its role here as a long‑term accommodation tenant.

For the investor, a university lease and scheduled rent increases offer a different income profile from collecting rent directly from individual students. The investment case depends primarily on the university's obligations, the lease terms and the building's condition, rather than on the buyer assuming immediate responsibility for annual student leasing.