Homes for Students, the national student accommodation management company, has been appointed to manage four new schemes totalling 917 beds.
The company was chosen by UK real estate investment manager, Lothbury Investment Management Limited, on behalf of the Lothbury Property Trust, which owns the student accommodation schemes in Aberdeen, St Andrews, Durham and London. These schemes are being developed by specialist student accommodation developer, Alumno.
The four sites are East Shore Student Halls, a 135-bed scheme in St Andrews, which became operational in 2015; Powis Place, a new 196-bed property in Aberdeen and the Town Hall Camberwell, a 168-bed development in London, which both come on board in 2016, as well as a new 418-bed scheme at Sheraton Park in Durham, which will be operational from 2017.
Homes for Students will provide a full range of services including a booking and marketing platform, sales teams, rent collection and financial management, tenancy management, helpdesk and reception, full facilities management, life cycle and asset management and energy management.