UPP closes on £41m Exeter student accommodation deal

University Partnerships Programme (UPP) has agreed a £41.4m deal to deliver 382 new student residences for the University of Exeter.

The deal will see UPP design, build, fund and operate the residences through the redevelopment of the existing Moberly and Spreytonway sites on the university’s Streatham Campus.

UPP first agreed a £133m bespoke partnership with Exeter University in 2009– since then UPP has delivered and operated over 2,500 on-campus residences. The scheme subsequently acceded to the group’s Irish Stock Exchange listed bond programme in December 2014.

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