Union Yard / Polden Studios - Purpose Built Student Accommodation - Property Management Services
Buyer: Rushmoor Borough Council
- Published
- 7 May 2024
- Notice number
- 014569-2024
- Reference
- ocds-h6vhtk-044fc5
- Official source
- Official source
Description
Rushmoor Borough Council ('the Council') is inviting tenders from suitably qualified and experienced suppliers for the management of a new build 128-bedroom student accommodation development, Polden Studios, located within Aldershot, Hampshire. Polden Studios forms part of the wider Union Yard development scheme comprising a mix of residential apartments and new commercial floorspace. The scheme is currently under construction and is due for completion in July 2024. The Polden Studios development will open from the 13th September 2024 and will provide accommodation to students studying at the University of the Creative Arts (the 'University') in Farnham. The Council has entered into a Nominations agreement with the University which will provide exclusive access to the accommodation for University's students. The successful supplier will be appointed via a property management agreement on a management fee basis whereby occupancy risk for take up of the accommodation is held by the University. The supplier will be paid an agreed management fee for delivery of the required services plus, in order to drive performance & efficiency, an agreed % of the net operating income. The Council…
Official publications
- FTS · 014569-2024 · 7 May 2024
Other tenders from Rushmoor Borough Council
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