Deakin's Yard Development Update - May 2026

27
May

Welcome back to another update from Integritas Property Group’s flagship student development, Deakin’s Yard.

I’m Aiden Van Sertima, Global Sales Director for Elavace, IPG’s master sales agent, and I’m pleased to share some extremely positive progress on the project.

As investors will know, the journey for Deakin’s Yard has had its challenges at times. However, we are delighted to confirm that Integritas Property Group has now secured a new £10 million funding facility for the development, provided by London-based Pivot Finance.

This refinancing marks another significant milestone for the scheme and reflects continued institutional confidence in both the asset and the team behind it as the project progresses through its final stages.

Importantly, the building itself has been completed for some time, with the remaining process focused on progressing through the final Building Safety Regulator sign-off requirements.

Deakin’s Yard remains exceptionally well positioned within one of the UK’s most undersupplied student accommodation markets. Stoke-on-Trent continues to see strong demand for high-quality PBSA accommodation, supported by more than 25,000 students across the local universities and a continued shortage of modern student beds.

This imbalance has contributed to some of the strongest student rental yields in the country, with Stoke-on-Trent recently ranked by Paragon Bank as the UK’s top-performing city for student yields at 9.43%.

The £10 million facility represents a refinance of the project’s existing funding arrangement, originally funded through IPG and Brydg Capital. The purpose of the refinance is to further protect both the investor position and IPG’s position while the development moves through the final BSR sign-off process.

The new facility has been structured as a 12-month arrangement, providing additional stability and protection for both the developer and investors during this period.

IPG would like to thank all investors for their patience, understanding, and continued support throughout this process. Securing this new funding facility is another important step forward for Deakin’s Yard as it moves toward its next chapter.

Watch the full video update here.

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