Unite Enters Nominations Agreement with the University of Leeds
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Unite Group has entered into a nominations agreement with the University of Leeds for a period of 30-years, covering its White Rose View development. The agreement covers 559 of the 976 beds due to be delivered, which will become operational in time for the 2020-21 academic year.
According to the company, the agreement underpins a development yield in line with the company's stated targets.
Situated in Leeds city centre, the new scheme is near the University of Leeds and Leeds Beckett University. The agreement extends Unite's existing relationship with the University of Leeds, helping to meet the accommodation needs of its students.
Commenting on the announcement, Richard Smith, Chief Executive of Unite Students, said: "The University of Leeds is a highly valued partner of Unite with our relationship dating back more than 15 years. This latest partnership agreement supports our focus on the quality and security of our income, by aligning with mid and high-tariff Universities where there is strong demand for affordable, high-quality student accommodation. We continue to target one to two new University Partnership deals per year."
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Head of Research at StuRents
Richard leads the StuRents research team, providing proprietary, platform-driven insights to help stakeholders make better-informed decisions about the market.
