This project sees the transfer of 214 of the University’s existing residences, with 23 being demolished, and 603 new student accommodation bedrooms being delivered. In addition, office space for 100 members of University of Gloucestershire staff, and a cinema, bar, gym and library have been integrated into the scheme.
The development will obtain a BREEAM ‘Excellent’ rating.
Funding has been arranged through an index-linked wrapped bond placement. This innovative project bond financing maximises the financial efficiency of the project for the benefit of the university.