University of Leeds Acquires New Student Accommodation
October 8, 2014 |
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The University of Leeds has completed the acquisition of phase one and two of Central Village, a student accommodation scheme, on Calverly Street, near Leeds city centre. The two phases comprise 980 student rooms, arranged in flats of five and six units, together with a small ratio of studios. The total scheme involves four properties, including a new convenience store let to Tesco.
The University of Leeds had to fork out £62.3 million for the acquisition.
The properties were recently developed by Downing. Dennis Hopper, director of facilities management at Leeds University said, “This is an important acquisition for the University as part of its strategy to review and improve the quality of all residences for its students.”
The purchase was necessary to help meet the growing demand for high quality student accommodation in Leeds.