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New Build Student Accommodation York

Tue, 15 Jun 2021 20:59:12 +0000
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Invalid Email Something went wrong, please try again later. When you subscribe we will use the information you provide to send you these newsletters. Sometimes they'll include recommendations for other related newsletters or services we offer. Our Privacy Notice explains more about how we use your data, and your rights. You can unsubscribe at any time. A UK student accommodation provider has agreed a major deal to buy up two new developments in Bristol and York for £70million from property company Summix Capital. Student Roost, which manages 52 student sites across the country, signed the forward-funding agreement with developer Watkin Jones Group. The deal includes a 291-bed property at Unity Street, in Bristol, and a 368-bed student development at Frederick House, in York, which are yet to be built. Construction is due to start on the two projects this month. The Unity Street property will be Student Roost's first in Bristol and will include 102 co-living bedrooms. Stephen Rigby, chief investment officer at Student Roost, said: "It's fantastic news that we've been able to agree this deal with Summix Capital and Watkin Jones, particularly in the current environment.

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Current projects - Investing in our campus, University of York

York Institute for Safe Autonomy Addressing global challenges in assuring the safety of robotics and connected autonomous systems. Expanding our energy centre Facilitating Campus East's energy requirements and improving its resilience. King's Manor refurbishment Refurbishing King's Manor to provide better overall facilities and create a new home for the research project, XRStories. Space Systems Improvement Project Managing bookable spaces in a new, easier way to increase choice and efficiency and support sustainability. AccessAble Accessibility Guides Helping staff, students and visitors to make informed accessibility choices for travelling around campus. Central Hall Our landmark building - Central Hall, is undergoing refurbishments to provide an up-to-date, multi-use space. New residences Expanding our capacity to house students on campus for the duration of their time at York. Campus nursery A modern nursery increasing childcare provision on campus for staff, students and local families.

Bristol and York student accommodation developments sold off in £70m deal - Business Live

Stuart Black, development director at Summix Capital, added: "We are delighted to have completed the sales of these two fantastic sites during such difficult times, which is testament to the quality of the projects and the parties involved, and are excited to see them progress through to the next stage of their development. " Knight Frank acted for Summix Capital.

"It's another vote of confidence in our business and the PBSA sector from our investors Brookfield and our lenders Investec. "York is a very strong market for us, Bristol has been a long-standing target market, so we're pleased to acquire the sites, and we're looking forward to working with Watkin Jones again. BusinessLive South West is home for all your Bristol business news as well as relevant stories from across the wider region. By signing up, we will deliver the headlines straight to your email inbox every morning and make sure you don't miss out by sending out news alerts for the breaking stories as they happen. From manufacturing to retail to tech, you can also choose the kind of stories you want to get from us by ticking the boxes right here. Visit our email preference centre to sign up to all the latest news from BusinessLive. "We think the completed developments will work very well in these locations, particularly with the wide range of affordable accommodation options that we'll be offering. "