1600-bed student housing deal signed – Portsmouth
The contract will see McAleer & Rush design and build 1,000 beds in Portsmouth, and 600 beds in Bournemouth, subject to planning.
The company, which is currently under contract to deliver 7,500 student beds over the next five years, agreed the £100m development with Knightsbridge after selling the two sites to the group.
Knightsbridge Student Housing’s head Bob Crompton said he intends to rapidly build up a £1bn portfolio …