In a ground-breaking partnership deal, RBS and housing provider Derwent Living have agreed an additional £40 million funding agreement which will help deliver up to 750 new affordable homes.
RBS has been a long term banker and funder to Derwent Living. The housing provider already has an existing £70m facility with the bank …
The largest student accommodation provider in the UK, UNITE, has turned to Wales’ specialist skills centre, Connaught Academy, to upskill all members of its facilities workforce.
The training of the 79 facilities assistants has been developed to equip the team with the necessary skills to carry out facilities management across UNITE’s portfolio …
Entrepreneur Philip Marley has agreed a stg£6 million deal to sell the operating subsidiary of Ely Property, the student accommodation firm.
The businessman is selling Ely Management Operations, which runs accommodation blocks across Ireland and Britain, to the Niche Group, a quoted British investment firm.
Under the deal, Ely will retain ownership of the properties and will concentrate on developing accommodation blocks rather than managing them …
Proposals to demolish a Bournemouth church and replace it with 105 student flats have been submitted.
The planning application seeks to replace the Christadelphian Church in Bath Road with an eight-storey block of flats.
The proposed building will have a café on the ground floor and 105 studio flats above, which would be rented out to full-time students attending university or college in Bournemouth …
Universities are working on emergency plans to postpone freshers’ week activities and shut down parts of their campuses if the swine flu pandemic peaks when students return in September.
Contingency plans to slow the spread of the virus, or to cope if the illness cripples staffing levels, include podcasting lectures and quarantining infected students in their halls of residence …
Derby-based housing provider Derwent Living has announced a £435,000 surplus – and a 20.5% rise in social housing lettings to £15.97 million in 2008 …
Flats for scores of students at Essex University look set to be given the green light. Mansion Group’s scheme to create additional flats for more than 100 students on land off Avon Way, Greenstead, Colchester, will be discussed by Colchester Council on Thursday …
Britain’s biggest developer of student housing, said the net asset value of its flagship fund rose 4.1 percent in the second quarter, bucking turbulent conditions in the broader property market.
The fund’s strong relative performance in the second quarter of 2009 highlights the continued resilience of student accommodation compared to the broader real estate sector,” Unite’s Chief Financial Officer Joe Lister.
THOUSANDS of new jobs are set to be created under plans for a university research park.
Essex University hopes its latest proposals for a research park, now called the University of Essex Knowledge Gateway, will bring 2,000 new roles to Colchester, where unemployment has doubled during the recession.
Other plans for the site include 750 units of student accommodation, to be completed by autumn 2012
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