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26/11/2013

Financial Close For Salford University Project

Graham Construction's work in the Higher Education sector has been further highlighted with the achievement of financial close on The University of Salford and Salford Village Limited - an £81 million project to build and manage new student accommodation, featuring 1367 new bed spaces at the University's Peel Park campus.

Graham is undertaking the project as part of a consortium that includes Graham Investment Projects, Campus Living Villages, Equitix and Kier Project Investments, who will jointly invest and develop the property. Project finance will be provided by Standard Life Investments.

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Graham Construction will commence works on site in November and Campus Living Villages will manage the accommodation and welcome its first residents for the academic year 2015/16.

The new accommodation is designed to provide sustainable student living with a BREEAM Excellent rating, alongside the best in student community living with generous reception area, social spaces - including TV and games room, gym, group study lounges, demonstration and private dining kitchen, launderette and a cinema room.

(CD)

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