BAM Properties and the specialist developer Connislow have formed a joint venture to pursue opportunities in the student accommodation market.
The first BAM Connislow development is on site in Ainsley Street, Durham and the joint venture has other potential projects under consideration in key locations throughout the UK.
David Cotton, BAM's Business Development Director said: "BAM has a thorough understanding of the University sector. We have built more than 100 university faculty and accommodation buildings in the past ten years and we understand that competition to attract the most talented students is global.
"The availability of quality student accommodation, especially for post-graduate and international students, is an important factor for universities. BAM acted as Connislow's principal contractor on an accommodation scheme in Green Lane Durham. Our excellent collaboration on that project led to the formation of the joint venture."
(CD/JP)
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