Unite signs £390m student beds JV with Manchester Met
Student developer Unite has struck a £390m joint venture deal with Manchester Metropolitan University to redevelop the Cambridge Halls site and deliver 2,300 new student beds.
The project will see Unite take a 70% stake in the partnership and act as developer, asset manager and operator. The university will hold the remaining 30% interest by contributing the land.
Construction is due to start in 2026 with phased delivery in 2029 and 2030. The outdated Cambridge Halls, built in the 1990s, w