Singapore property giant invests in new York student accommodation development

Planning permission was secured for the scheme by S Harrison last year, with the project set for delivery in time for the 2025 student intake year.

Martyn Harrison, from S Harrison, said: “We have been headquartered in York for over 70 years and have successfully designed and delivered many successful purpose-built student accommodation schemes in York, Leeds and Edinburgh in recent years, totaling thousands of bedrooms.

“High-quality student accommodation is in real demand in York, especially for schemes like this one, which is close to both the University of York and York St John University.

"This scheme ticks so many boxes as it’s creating new, energy-efficient homes for students in an easily accessible location, as well as benefiting the local community with improvements to both pedestrian and cycle infrastructure, as well as a new community park for all.”

The development has been designed by York-based CSP Architects and includes a large external central communal area, and also offers a games room, study space, cinema, gym and laundry facilities.

When completed, the development will then be operated by the Prestige Student Living brand of Homes for Students. GMI Construction Group has also been appointed as contractor.

QIP is a private equity real estate firm that specialises in the global residential living sector.

The company invests in the UK, US and Japan, by investing in PBSA, multi-family and co-living rental buildings, build-to-rent and care homes.