Unite Students acquires new site in Liverpool for student housing project

WCN Editorial Team 29 Apr 2016 EUROPE BUILDINGS

UK-based student accommodation developer Unite Students has purchased a development site in Liverpool that has planning permission for 713 student bedrooms.

The site is in a prime city centre location next to Unite’s Grand Central property and is in close proximity to the University of Liverpool and Liverpool John Moores University.

The facility is anticipated to offer a home for more than 1,000 students.

The total cost of the development, including the land, is expected to be about £70m.

Unite Students managing director of property Richard Simpson said: “We are delighted to have acquired this site in Liverpool for delivery in 2019 to add to our existing portfolio in the city.

“We will continue our progress on our secured pipeline in regional locations with strong student markets.”

The new development is set to be ready in time for the 2019/20 academic year.

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