National student accommodation provider Collegiate AC UK (Collegiate) completes the onboarding of the Arlington portfolio, with the final two properties in Chester coming under its management.
Over the past two years, Collegiate UK has been onboarding the 34 Arlington-owned properties to expand its delivery of student experience to the purpose-built student accommodation (PBSA) market.
Collegiate is a UK-based provider of student accommodation, providing homes to over 10,500 students in cities across the UK. They offer amenities including gyms and games and TV rooms, as well as open shared living spaces. Collegiate aims to generate consistency and strong customer service and satisfaction across all residences, and has gained ratings of ‘Good’ or ‘Very Good’ from a high percentage of Collegiate UK residents in national student surveys.
The addition of the two Chester sites (on Liverpool Road and Hunter Street), brings the total number of properties managed by Collegiate to 41, with 34 of these owned by UK investment manager Arlington. With almost 400 beds, Tudor Place (323 beds) and Granary Studios (73 beds) will both come under the Prima Vidae brand offering campus-focused, student living in city centre locations at exceptional value. With a contemporary vibe, Prima Vidae offers everything students need to succeed at university.
“The completion of the onboarding of the management of these properties across the UK is testament to the hard work that the team has put into bringing the accommodation under Collegiate management.
“The student experience that we deliver across all the properties we own and manage means that our tenants know what to expect when they rent a room through us. Our consistent level of service and wide range of amenities enables students to get the most out of their university life and gives them a space in which to thrive.
“With these final two properties in Chester coming under the Collegiate UK brand, we can now offer our quality accommodation and exceptional service to hundreds more undergraduates and postgraduates.”Rob Moyle, Chief Executive Officer, Collegiate UK
Collegiate UK was awarded the Operator of the Year accolade at the Class of 2020 Awards in Berlin for overseeing more than 500 student accommodation projects, for pioneering industry practices in terms of design, systems and operations, and for the quality of accommodation and services. The company also manages and operates student accommodation brands for various investors in the UK, including The Neighbourhood, Crown Place, Universe.City and Prima Vidae.
Collegiate is a wholly owned subsidiary of UK investment manager Arlington Advisors. Arlington was established in 2012 and specialises in the acquisition and management of UK PBSA.