UPP responds to growing turnover by strengthening Projects Board with appointment of new Finance Director

UPP, the leading provider of campus infrastructure, student accommodation and specialist residential services, has announced the appointment of Nicola Morris to the UPP Projects Board. Nicola has been with the Group for nearly a decade and will also be continuing in her current role as Group Financial Controller – a position which she has held since 2009. She will retain responsibility for financial matters across the Group. 

Nicola joined the Group in 2006 and has a wealth of experience as a qualified ACCA Accountant, having trained with Chantrey Vellacot.  Prior to joining UPP she worked at Arthur Anderson for two years and previously at private equity backed music label Boosey & Hawkes.

This appointment comes on the back of three landmark years for the business where the business secured new investors, accessed the capital markets under a £5 billion bond programme, grow turnover to £134.4 million and bed numbers to 30,000. Nicola has played an instrumental part in many of the key transactions over her decade with the company – most recently last year’s extension of the UPP bond to over half a billion pounds in a scheme with the University of Exeter.

Gabriel Behr, UPP Group Finance Director said:

“I am delighted to announce that Nicola Morris will be joining the UPP Projects Board as Finance Director. We have had three landmark years – securing new investors, accessing the capital markets and growing turnover to £135.4million. Nicola has been instrumental and I am pleased to be working with her as we grow our partnerships and expand our portfolio of rooms”

On her appointment to the role as UPP Projects Ltd Finance Director, Nicola Morris said:

“The market conditions remain strong for investment both in the UK’s Higher Education institutions and in UPP’s business model. There remains an estimated £5bn funding gap backlog to the UK HE estate that needs to be filled. Applications and student numbers are rising and student expectations are also increasing. It’s great to be involved in the sector at such an exciting time for investment”