Watkin Jones has exchanged contracts with Europa Generation Student for the forward sale of its 197-bedroom development in Canterbury, Kent.
Watkin Jones will receive £19.6m in funding for the student accommodation development, which has planning consent and is earmarked for completion in time for the 2020/21 academic year.
The UK developer has also secured planning permission for another student accommodation scheme in Leicester.
The 12-storey development will contain 462 bedrooms as well as amenity space and a commercial unit on the ground floor.
The scheme is scheduled for completion for the 2021/22 academic year.