Unite Students – New University Partnership with Manchester Met
Unite Students, the UK’s leading owner, manager and developer of student accommodation, today announces that it has entered into a joint venture (‘JV’) framework agreement with Manchester Metropolitan University for the development of 2,300 new student beds.
Highlights
· Long-term strategic partnership with a leading university
· Total development costs of c.£390 million (Unite share: c.£275 million)
· Unite to act as developer, asset manager and operator to the JV with 70% ownership share