Unite Completes Joint Venture with Manchester University

Summary:

  • Unite Students and Manchester Metropolitan University have finalised a £390 million joint venture to deliver 2,302 new student beds through the redevelopment of Cambridge Halls, supporting the university’s plan to modernise its campus for 44,000 students.
  • Unite Students will hold a 70% stake in the partnership, acting as developer, asset manager, and operator, enabling the university to prioritise teaching, research, and student support while expanding on-campus accommodation.
  • The redeveloped Cambridge Halls will feature diverse room types and amenities including a rooftop exercise area, sports pitches, and an allotment, increasing purpose-built student housing and easing pressure on the local private rental market.

Original article:

https://benews.co.uk/unite-finalises-jv-with-manchester-university/

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