Old Kent Road PBSA, London

J3 Advisory was appointed to advise on and arrange the latent defects insurance for Tribe Student Accommodation’s £60 million GDV Purpose-Built Student Accommodation development on Old Kent Road, Southwark. The scheme delivers 267 student bedrooms across a 10 to 12-storey development, together with ground floor retail space and high-quality resident amenities, supporting the continued regeneration of one of London’s most significant growth corridors.

The development was supported by £29.6 million of development finance from Paragon Bank, reflecting the importance of aligning funding, technical delivery and insurance throughout the project lifecycle.

Location

Southwark, London

The Challenge

Large PBSA developments require careful coordination between developers, lenders, warranty providers and the wider professional team. Insurance forms an important part of the wider funding strategy, providing confidence that the completed development will meet lender requirements while supporting the long-term performance of the asset.

For the Old Kent Road development, the warranty solution needed to align with the project’s construction programme, funding structure and technical profile, while supporting a significant student accommodation scheme within a major London regeneration area.

Our Role & Outcome

J3 Advisory worked alongside Tribe Student Accommodation and the wider project team to structure a Structural Warranty that reflected the scale, programme and commercial objectives of the development. By engaging early, we helped ensure the warranty solution aligned with both the technical requirements of the scheme and the expectations of the project’s funding partners.

Throughout construction, our dedicated aftercare team coordinated the warranty process between the developer, warranty provider and technical consultants, managing inspections, monitoring outstanding technical requirements and supporting the timely progression of certification through to Practical Completion. This proactive approach helped maintain programme certainty while ensuring the project remained on track for warranty issuance.

The completed Structural Warranty provides long-term protection for the development, supporting lender confidence, future operators and residents, while reinforcing the successful delivery of a major PBSA scheme within the wider regeneration of Old Kent Road.