Alternative asset manager Cain International which specialists in real estate investment solutions, has acquired St James House in Bristol which it will redevelop with Olympian Homes. The scheme, set to be the tallest in Bristol at 28 storeys, will provide 574 beds and bring Cain’s Purpose-Built Student Accommodation (PBSA) equity platform to a total gross development value of approximately £800 million. This represents the delivery of 3,000 beds across the UK, following the development of five PBSA assets completed in 2023. Developed by Olympian Homes, St James House will comprise two towers: one featuring 442 beds, and the other offering 132 larger co-living units. The asset will include approximately 15,000 sqft of premium amenity space, including a cinema room, a fitness suite, study areas, a games room, and group dining facilities. The development is targeting BREEAM Excellent and WiredScore Platinum certifications. Completion is targeted for the 2028/29 academic year. RG Group have been appointed to deliver the scheme, further extending the relationship between Olympian & RG group. Located in the heart of Bristol, St James …