Student housing firm’s £16.2m cash boost

A LANCASTER student accommodation provider has secured a £16.2m financing agreement.

CityBlock currently provides high-quality en-suite housing for more than 400 students across five student blocks in Lancaster and Leicester.

The funding agreement with the Royal Bank of Scotland will allow for CityBlock’s continued business development across the country. The company was established 10 years ago by husband-and-wife team Trevor and Alison Bargh, who are new RBS clients.

Mr Bargh, who is chief execu... For the full story register now for free or login below...