Summary:
- Tiger Developments has commenced construction on a 172-bed student accommodation scheme in Manchester, valued at £40 million, targeting completion for the 2027/28 academic year and located near the University of Manchester.
- The development, funded by Tiger Developments and Hampshire Trust Bank with GMI Construction Group as main contractor, aims for BREEAM Excellent and EPC A ratings, with 15% of rooms offered at discounted rents to support affordability.
- Upon completion, the property will be managed by Host, Tiger Developments’ operational arm, as part of the company’s broader expansion in key university cities, including ongoing projects in Bristol.
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