Pivot Finance provides £3m land bridge for Southampton PBSA
By Tara SammonsPivot Finance has provided a £3m land bridge facility for the acquisition of a prime city-centre site in Southampton, set to be transformed into 257 PBSA units.
Section: Case Studies
This funding enables the developer to proceed with the delivery of 257 student units across a six-storey and three-storey building.
Pivot Finance completed the transaction within three weeks of the application and five weeks from when planning permission had been granted — speed was a factor due to the client needing to complete the purchase within a tight timeframe.
The ability to provide certainty of funding at pace was key to securing the site and allowing the client to move forward without delay.
Andreas Yianni, commercial director at Pivot Finance (pictured above), commented: "This transaction is a great example of how Pivot Finance delivers flexible and well-structured funding solutions to support ambitious development projects.
“The site’s location and the developer’s expertise made this a compelling opportunity, and our ability to move quickly ensured they secured the site without delay.”
So far in 2025, the lender has been growing with several appointments and an expansion of its funding capacity.
Keywords: Pivot Finance, £3m land bridge, Southampton PBSA units, student accommodation, city-centre site, developer, funding, certainly of funding, planning permission, Andreas Yianni, commercial director, flexible funding solutions