SAF is thrilled to announce that, alongside modular build specialists Elliot Group, we have completed a new state-of-the-art dance and theatre classroom for one of the UK’s most acclaimed performing arts colleges, Bird College.
We worked closely with Elliott Group, one of our key suppliers for the last decade, to provide a bespoke finance solution to facilitate the creation of a two-storey modular building that supports Bird College’s commitment to training the next generation of performers, despite the industry’s recent challenges created by the pandemic.
The project is the second of its kind in as many years for the London-based college and mirrors its predecessor, which we delivered back in 2019, alongside the same project team.
SAF worked diligently to understand the key financial considerations for Bird College, proving the best solution for their budgets, while also ensuring the transaction process progressed in a timely manner. This level of clear and open communications helped to ensure the project was completed on time.
Jane Tabiner, Managing Director at Solutions Asset Finance, said: “We were thrilled when Bird College approached us about financing a new facility for a second time, following the success of the first project completed in 2019. It’s also wonderful to have played a role in helping them to increase their student cohort and revenue at such challenging times.
“We’ve worked with Elliott Group on many exciting projects over the last decade and are confident their modular facilities are built with excellence in mind. Using asset finance to fund these facilities is a fantastic, long-term investment made by Bird College, which plays an important role in the UK’s performing arts industry. We look forward to working with both companies again in the future.”
Completion of this latest space has helped to ensure continuity of operation for Bird College during these challenging times, enabling them to take on more students and increase revenue at a time when the arts has been hit extremely hard nationwide.
With modular buildings being so flexible and reusable, the project is forms part of a long-term investment strategy for the college, helping them to achieve their goal of increasing space to accelerate the uptake of new pupils and continuing their commitment to outstanding and innovative education and professional training.
When discussing the new facilities, Shirley Coen, CEO and Joint Principle of Bird College said: “We are thrilled with the results of the new teaching facility, which will go a long way in ensuring our students have access to the space and resources required for their education and training.
“Working with the teams at SAF and Elliott Group was a fantastic experience first time around, so it was obvious to us that we should work with them again when we needed a second facility. We were very impressed with both the quality of the building and the flexible finance agreement put in place to pay for it. The entire process was simple and seamless, and we hope to work with them again on future projects.”