Valpre Capital Acquires Prime PBSA Site for Roc Club Development
Deal News | Apr 04, 2025 | Valpre Capital
The Roc Club project is set to be developed by CKC Properties after Valpre Capital's acquisition of a prime 244-bed student accommodation site in Elephant and Castle, London. Designed by Maccreanor Lavington, the 24-storey landmark will offer 206 studios and 38 twodios with amenities such as a gym, lounge, and bicycle parking. The development is supported by Katch Investment Group as an equity partner, emphasizing its commitment to the living sector. Melrose Capital, led by Marc Foster, facilitated the transaction with development partner Alumno. The site is a two-minute walk from Elephant and Castle station and within proximity to several educational institutions. The project aims to deliver strong long-term returns, with completion projected for Q2 2028.
Sectors
- Real Estate Development
- Investment Management
- Higher Education Facilities
Geography
- United Kingdom – The Roc Club development is located in Elephant and Castle, London, a key location for student accommodation.
Industry
- Real Estate Development – The article discusses the acquisition and upcoming development of student accommodation in London.
- Investment Management – Valpre Capital and Katch Investment Group's roles reflect their investment strategies in the living sector.
- Higher Education Facilities – The project serves students from nearby educational institutions, enhancing the housing market around universities.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Valpre Capital | Private Equity Firm leading acquisition | Company | Leading the acquisition and development of the Roc Club project. |
| CKC Properties Ltd | Developer | Company | Leading the development of the Roc Club student accommodation project. |
| Katch Investment Group | Anchor Equity Partner | Company | Providing financial backing and strategic support for the project. |
| Marc Foster | Sellers Team Leader | Person | Managed the transaction for Melrose Capital. |
| Alumno | Development Partner | Company | Partnered with Melrose Capital in facilitating the transaction. |
| Maccreanor Lavington | Architects | Company | Designed the Roc Club 24-storey landmark scheme. |
| Melrose Capital | Vendor | Company | Invested in the PBSA sector and facilitated the transaction for the site. |
| Harris Associates | Investment Agency Advisor | Company | Advised Valpre Capital on the acquisition of the site. |
| Tuatara Real Estate | Real Estate Advisor | Company | Provided advice to Valpre Capital on the acquisition. |
| Newmark | Vendor Advisor | Company | Advised the vendor on the transaction. |