University signs long-term agreement to provide students’ accommodation
University Academy 92 has signed a fixed term nomination agreement with an accommodation group to provide homes for its students.
Academy Apartments is the preferred accommodation provider following the deal.
Built by Beech Holdings and managed by sister company, Manchester Apartments, the site contains 90 luxury, studio and one-bedroomed units for students and graduates that has historically achieved a 100% occupancy rate since completion in 2020.
UA92 has agreed a long term partnership with Manchester Apartments to house its growing student population, based on the quality of product and level of service provided by Manchester Apartments.
Jonathan Griffiths, director at Manchester Apartments, said: “This partnership demonstrates the success of this building and level of service my team provides.
“We’ve never had any occupancy gaps at Academy Apartments and UA92 has recognised this and put its confidence in us.
“Over the last few years of managing this building, we’ve had such great feedback from tenants and, equally importantly, their parents who are confident of their children’s safety and comfort.”
Gareth Smith, UA92 executive director of student life and strategy, said: “We’ve worked alongside Manchester Apartments since they developed this building and the company’s willingness to genuinely listen to tenants is top of the agenda.
“That’s why we now want to guarantee our students get this site before anyone else. The apartments were developed with them in mind, giving them what they really want from their home during their studies. It helps that the apartments are also 30 seconds away from campus.”
With an original gross development value of £14m, the development offers tenants fully inclusive bills, hyper-fast wifi, sustainable heating and fully furnished with top brand appliances.
Each apartment has been designed with young people in mind. The building will now be exclusively for UA92 students and managed by Manchester Apartments.
Manchester Apartments says it has one of the largest selections of quality apartments to rent in Manchester for students, graduates and young professionals.