Accommodation management services

Description

This procurement has delivered a partner who will design, build, finance and operate a student residences facility containing in the region of 1 200 rooms at East Park, Streatham Campus. The contract will deliver an off balance sheet transaction (or one that has minimal impact on the University’s balance sheet) and a capital receipt to the University for a student residences facility in keeping with a UK Top 10 and the Russell Group University. It will also enhance student experience on campus and provide value for money for both the University and students. The selected partner will design, build, finance and operate a student residences facility containing in the region of 1 200 rooms at East Park, Streatham Campus. The key contract deliverables are: 1) The delivery of a student residences facility in keeping with a UK Top 10 and Russell Group University which will provide in the region of 1200 beds; 2) An off balance sheet transaction (or one with minimal impact on the University’s balance sheet); 3) A facility that enhances student experience; 4) Generation of a capital receipt; 5) Provides value for money for both the University and the students; 6) On-campus quality affordable accommodation provision commensurate with the expectations of a fee paying student, and to meet the increased demand for student accommodation arising from its growing population.