Unite Students completes £32m refurbs for 5,200 students
21 November 2024
- Unite Students finishes 11 refurb projects in 2024 benefitting 5,239 residents
- The work, costing £32million, is part of a growing programme of refurbs
- The properties are in London, Birmingham, Liverpool and Glasgow
- The company is set to spend £50-75million in 2025
Unite Students, the UK’s largest provider of student accommodation, has completed 11 refurbishment projects this year, benefitting 5,239 residents.
The refurbishments, from London to Glasgow with a total cost of £32million, which also include minor improvements around the country, are part of Unite Students’ growing refurbishment programme. This includes an annual spend of £50-£75million over the next five years.
Unite Students has a development and asset management pipeline that stands at a record £1.5 billion as it provides a Home for Success for residents with accommodation that is safe and secure, high quality and affordable.
London
Stapleton House, in North London, has undergone a £1.5million refurbishment of its amenity spaces, which now include an impressive new reception area, study and social areas. The 862-bed property, home to University College London students, also has a common room and a private outdoor courtyard.
Liverpool
In Liverpool, 102-bed Cedar House, in Knowledge Quarter and part of Unite Students’ Student Village with more than 1,000 students, underwent a full refurbishment of bedrooms, bathrooms and amenity spaces, costing £2.6million.
Glasgow
Thurso Street, in Glasgow, has 405-beds and also had a full refurbishment. Opposite the University of Glasgow campus in the West End, the property had £8million spent on improvements and has a spacious common room and communal study space.
Other
Other refurbishment projects include Angel Lane, North Lodge, Olympic Way and Station Court in London, Rosalind Franklin in Portsmouth, Oak Brook Park in Birmingham, Rushford Court in Durham and Kyle Park House in Glasgow.
Joe Lister, Unite Students chief executive, said:
“We are proud of the investment into these properties, which reaffirms our commitment to provide high quality, affordable accommodation that offers a Home for Success for the talented residents who live with us.
“These high standards provide an environment for our residents to thrive and we will be investing in our properties as part of our portfolio improvement programme, and record development pipeline, also helping to meet rising student demand while easing housing shortages by freeing up existing homes for local families.”
ENDS
About Unite Students
Unite Students is the UK’s largest owner, manager, and developer of purpose-built student accommodation (PBSA) serving the country’s world-leading higher education sector. We provide homes to 68,000 students across 151 properties in 23 leading university towns and cities. We currently partner with over 60 universities across the UK.
Our people are driven by a common purpose: to provide a ‘Home for Success’ for the students who live with us. Unite Students’ accommodation is safe and secure, high quality, and affordable. Students live predominantly in en-suite study bedrooms with rents covering all bills, insurance, 24-hour security and high-speed Wi-Fi.
We are committed to raising standards in the student accommodation sector for our customers, investors, and employees. Our Sustainability Strategy includes a commitment to become net zero carbon across our operations and developments by 2030. It includes our Sustainable Construction Framework, which outlines our approach for reducing embodied carbon.
Founded in 1991 in Bristol, the Unite Group is an award-winning Real Estate Investment Trust (REIT), listed on the London Stock Exchange. For more information, visit Unite Group’s corporate website www.unitegroup.com or the Unite Students’ site www.unitestudents.com.