• quotation mark Working with UPP has provided the university with high-quality, well-managed and cost-effective accommodation that is proving instrumental in helping us attract the best students. quotation mark

    Graham Gilbert - Director of Finance, University of York

First Choice

University accommodation is bucking the current economic trend and UPP is at the forefront of student housing provision. With a portfolio of more than 20,000 rooms in operation or development across 11 of the UK’s most successful universities, UPP continues to prove that it can deliver consistently high quality accommodation that meets the needs of both universities and their students.

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Delivery

Universities need to know that their accommodation will be delivered on time, within budget and to the highest standards - and our processes ensure this happens.

The key to our transaction structure with each university is that it is flexible and bespoke, based on our partner’s needs. Nonetheless, certain elements of the delivery process are common to all of our projects:

  • UPP and the university discuss and agree the financial model, including facilities management (FM) requirements, utilities and allowances. UPP obtains all necessary funding
  • We set up a special purpose company (SPC) to operate the project
  • If it is an estate transfer, we take the existing accommodation on a long lease. If it is a new property, we will manage the specification, planning and building process to ensure delivery on time and to budget
  • The SPC takes over the finished buildings and provides the agreed asset maintenance and FM services
  • Throughout the process, our university partner retains control over the outputs and delivery. It carries no risk from either a financial or service perspective.