Financial close for Essex Uni

15 August 2012 Essex University’s student accommodation scheme has reached financial close.
The Uliving consortium, comprising contractor Bouygues Development, housing provider Derwent Living and Equitix, will provide equity for the deal. Aviva Commercial Finance is the senior lender.

Uliving has signed the £65m deal to build 648 new student units and transfer of 766 existing units.

Bouygues has already begun construction on the project, which forms part of the university’s major ‘Knowledge Gateway’ scheme.

“Demand for good quality campus residences remains high and The Meadows will add to student choice, with the town houses ideal for groups who wish to share accommodation,” said Peter Church, director of the University of Essex’s campus services.

For more information on this project, click here.

This page was last updated on:
29 April 2016.

thumb

ESA Trouble

Could ESA10 really save PF2 – or even bring back PFI?

House of Funds

Michael Ryan formed Dalmore Capital just when the economy and the PPP pipeline was flatlining. He tells Amanda Nicholls how the fund manager has come out the other side

register

Register now to get un-restricted access to all sections of the website.

Want to see more first? Try our free preview...