SOUTHAMPTON, UK-Terrace Hill's joint venture with Osborne hassigned conditional agreements with Legal & General Propertyregarding the forward funding as well as the sale of a 1,104-unitstudent housing project in Southampton city center. The studentaccommodation development, situated in the City center, is entirelypre-leased to the University of Southampton for 38 years.

Southampton City Council approved the scheme in July 2012.Construction is expected to be completed in summer 2014. For thefull story, go to Europe Real Estate .


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