Homes for Students of Harrogate, a national student accommodation manager, has received a 355-bed, three-year deal from London & Scottish Investments for Crown House in Sheffield.
The contract will be managed under Homes for Students’ Prestige Student Living brand, which is directed towards high-end student accommodation and has over 4,000 beds under its management across 15 cities.
The fixed price operational FM expenditure and management fee is circa £1.5 million over three years.
Crown House offers a range of luxury studios and two-bedroom en-suite apartments with hotel style amenities including lounges, private cinema, dining room, games booths, study area and fitness suite. There is also a strong focus on the student experience with a fitness gymnasium, massages and trips to local attractions, all included within rents.
London & Scottish Investments is a co-investing asset management and property development business investing in development opportunities across the commercial, residential and student housing markets.
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