Malaysia’s Gamuda Berhad and Singapore’s Q Investment Partners boost their Woolwich student housing project by adding 120 bedrooms in a £41.5 million phase two, underpinning confidence in London’s growing PBSA market and supporting regeneration in the Royal Arsenal area.
Malaysia’s Gamuda Berhad and Singapore-based private equity firm Q Investment Partners (QIP) have announced a major expansion of their purpose-built student accommodation (PBSA) development in Woolwich, London, adding 120 bedrooms to the existing scheme. This second phase builds on the success of the initial phase, which recently marked its structural topping out, reflecting the partners’ strong confidence in the UK’s student housing market.
The Beresford Street development, situated within the multi-billion-pound Royal Arsenal regeneration area, will now total 419 student bedrooms across both phases, with a combined gross development value (GDV) of approximately £144.5 million. Phase two, valued at £41.5 million, was acquired from London investor Hurlington Capital and is scheduled for completion in the fourth quarter of 2026. This expansion marks Gamuda’s deepening footprint in the UK student housing sector and QIP’s flagship PBSA project in London.
Strategically located with excellent transport links, the site offers direct access to central London via the Elizabeth Line, restricting commute times to under 35 minutes to eight major universities including the University of Greenwich, King’s College London, and the London School of Economics. This accessibility is a key selling point for the development, as demand for high-quality, affordable student accommodation continues to grow in London’s competitive education hub.
The development is designed with student wellbeing at its core, featuring a comprehensive range of amenities such as private study areas, fitness facilities, yoga rooms, games rooms, bicycle storage, and a community hub incorporating commercial space. Sustainability is also a central focus, with phase one targeting BREEAM Excellent and EPC A ratings, alongside a commitment to affordability through allocating 35% of units as affordable accommodation.
Gamuda’s CEO of Land, Chu Wai Lune, emphasised the company’s strategic view of the UK market as a key area for expansion, highlighting their focus on delivering sustainable, high-quality living environments that suit global student needs. Similarly, Peter Young, CEO and Co-Founder of QIP, underscored the partnership’s shared ambition to deliver institutional-grade student housing that creates long-term value for both investors and local communities. He noted that the Woolwich schemes form a cornerstone of QIP’s UK portfolio and reflect their long-term commitment to the student housing sector.
This project is the first PBSA development within the Royal Arsenal regeneration area, contributing significantly to the revitalisation of this historically important former military site. Initial construction on the first phase began in late 2024, with completion targeted for the 2026–2027 academic year. The accommodation mix includes a blend of studios and cluster rooms tailored to meet diverse student preferences.
The joint venture was initially formed in mid-2024 with an investment of around £100 million, marking QIP’s largest single-asset transaction and Gamuda’s debut in the UK student housing market. Hurlington Capital, which acquired the Beresford Street site in 2020, remains a key joint venture partner and developer in the scheme. Alpha Property Lending recently provided a £47.3 million loan facility to support the development, reflecting sustained lender confidence in both the partners and the resilience of the UK student accommodation market.
This development epitomises a broader trend where investors and developers recognise the enduring demand for quality PBSA in key university cities. With over 2,000 beds planned across multiple UK projects, QIP is positioning itself as a significant player in this space, with Gamuda complementing this ambition through its focus on quick turnaround, high-yield projects in familiar territories.
In sum, the Beresford Street expansion represents not only a considerable investment in student housing but also a strategic commitment to sustainable urban regeneration and the evolving requirements of students studying in London.
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Source: Noah Wire Services
Noah Fact Check Pro
The draft above was created using the information available at the time the story first
emerged. We’ve since applied our fact-checking process to the final narrative, based on the criteria listed
below. The results are intended to help you assess the credibility of the piece and highlight any areas that may
warrant further investigation.
Freshness check
Score:
8
Notes:
The narrative reports on the expansion of the Beresford Street PBSA, adding 120 bedrooms to the existing scheme. The earliest known publication date of similar content is 4 July 2025, indicating recent coverage. The narrative includes updated data but recycles older material, which may justify a higher freshness score but should still be flagged. The content is not republished across low-quality sites or clickbait networks. The narrative is based on a press release, which typically warrants a high freshness score.
Quotes check
Score:
9
Notes:
The narrative includes direct quotes from Gamuda’s CEO of Land, Chu Wai Lune, and QIP’s CEO and Co-Founder, Peter Young. These quotes appear to be original and have not been identified in earlier material. No identical quotes were found in earlier publications, suggesting potential originality.
Source reliability
Score:
6
Notes:
The narrative originates from PBSANews.co.uk, a source that is not widely known or established. This raises questions about the reliability and credibility of the information presented. The lack of a reputable source diminishes the overall trustworthiness of the narrative.
Plausability check
Score:
7
Notes:
The narrative makes claims about the expansion of the Beresford Street PBSA, adding 120 bedrooms to the existing scheme. While the development of the Beresford Street PBSA has been previously reported, the specific details of this expansion have not been covered elsewhere. The lack of supporting detail from other reputable outlets raises concerns about the accuracy and authenticity of the claims. The tone and language used in the narrative are consistent with typical corporate communications, suggesting a degree of professionalism.
Overall assessment
Verdict (FAIL, OPEN, PASS): FAIL
Confidence (LOW, MEDIUM, HIGH): MEDIUM
Summary:
The narrative presents information about the expansion of the Beresford Street PBSA, including direct quotes from company executives. However, it originates from a source with questionable reliability, lacks supporting detail from other reputable outlets, and includes recycled material. These factors raise concerns about the authenticity and credibility of the information presented.
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