Developing and investing in a shared future

layer
layer
layer
layer

News


Equitix consortium named as preferred bidder for 1400-bed accommodation project at University of York

A consortium comprising Equitix, a market-leading investor and fund manager of core infrastructure assets, and privately-owned Graham Construction has been named as the preferred bidder for a major 1400-bed student accommodation project for the University of York.

The £113 million ‘Campus East’ development will take two years to complete, with financial close forecast for November this year and work expected to commence in January 2019.

This latest project consolidates Equitix’s reputation as a leading developer of student accommodation projects across the UK. Named the Student Accommodation Investor of the Year for 2017 by Property Week, Equitix now has well-established and durable relationships with both clients and partners across the country.

Geoff Jackson, Chief Executive Officerof Equitix, said: “We are delighted to have been selected as the preferredbidder for this project. The University of York is one of the UK’s most highlyregarded academic institutions and continues to face ever-growing demand fromstudents from around the world. The new accommodation will help meet thisinterest and ensure that the students of the University reside, study andsocialise in an environment appropriate to the University’s reputation.”

The University of York, which was established in 1963, is a Russell Group member and is ranked 16th in the University Guide 2018 published by The Times newspaper. In addition to the Campus East development, it has also committed to invest £400 million into a major programme of works across its Heslington West and Heslington East campuses to provide high quality accommodation to its growing student population.

Michael Graham, Executive Chairman of Graham Construction said, “This is another fantastic win for GRAHAM and builds on our strong pipeline of projects in the region,following the opening of our Leeds office in 2017.

“As investor and contractor Graham bring extensive experience of the student accommodation sector. The project will utilise a state-of-the-art offsite manufacturing facility located in the north of England, to provide a best in class development that will form a striking gateway to the University of York’s Heslington East Campus.

“We’re committed to providing outstanding student accommodation and the 1400 beds delivered across the first phase of this project will bring our total output to over 10,000 beds in the past 5 years.

“We look forward to not only developing this fantastic scheme, but also having a positive impact on the local community by employing local businesses, engaging with the community and constructing a sustainable development that connects with and respects York’s historic environment.”

Koen Lamberts, Vice Chancellor of the University of York, said: “We have been keen to source a partner which shares our aims of quality and commitment to excellence. The new accommodation will provide a modern environment for students which promotes their well-being and personal development.”

Equitix was established to deliver and manage infrastructure projects from bidding and closing through to construction and service provision. It is independent and is a socially responsible investor.

 


Key information on all our assets

Introducing the people behind Equitix

Disclaimer

Important Information

Equitix is a trading name of Equitix Investment Management Ltd, a private limited company incorporated in England and Wales which is authorised and regulated by the Financial Conduct Authority with firm reference number 471196.

The contents of this website have been prepared for information purposes only. No investment or tax advice is being given on this website. Nothing on this website should be regarded as an offer or solicitation to buy or sell any investment or an offer or solicitation to provide investment services or as a comment on the merits of engaging in any investment transaction or activity or an inducement to do so. Statements made on this website are subject to change, correction or update without notice.

The information on this website is directed exclusively at persons or entities domiciled in the United Kingdom who fall under the Financial Services and Markets Act 2000 (Promotion of Collective Investment Schemes) (Exemptions) Order 2001. Persons who do not have professional experience in participating in unregulated investment schemes should not rely on this information.

In the case of persons outside of the United Kingdom, this website is also only directed to persons who may lawfully access it without breach of law or regulation or imposing any requirement on Equitix or any other person to be licensed, registered or approved in any other jurisdiction. No other person should access the website or act on or otherwise rely on any information in it. If you are an overseas user, it is your responsibility to acquaint yourself with the laws and regulations in your jurisdiction and to ensure that you may access the website without breaching them.

In particular, the information on this website is not directed at or intended for use by residents or citizens of the United States, nor is any of the information an offer of securities for sale in the United States. Securities may not be offered or sold in the United States in the absence of registration under the US Securities Act of 1933 (Securities Act) or an exemption from registration. Equitix has not registered and does not intend to register any securities under the Securities Act and does not intend to make a public offering of any securities in the United States or in any other jurisdiction.

The value of investments may go down as well as up and investors in the products and services referred to on the website may not get back the amount they invested. Any references on this website to past performance of investments are not a reliable indicator of future returns. Users should always acquaint themselves with the contents of any finalised marketing materials before making a decision to invest in any product or service referred to on the website.

Equitix Limited - Registered in England and Wales, Registration number: 6026637
Equitix Investment Management Limited - Registered in England and Wales, Registration number: 6273020 - authorised and regulated by the Financial Conduct Authority.

Registered Office: Welken House, 10-11 Charterhouse Square, London, EC1M 6EH

Equitix Anti – Slavery policy & statement