Partner Article
Balfour Beatty appointed to £120 million University of Sussex project
International infrastructure group Balfour Beatty has been appointed preferred bidder for a £120 million student accommodation project at University of Sussex.
in partnership with the university, Balfour Beatty will design, build, finance and operate The University of Sussex’s East Slope Residences project under a 50 year contract
Subject to planning approval, the project will replace an existing 600 bed facility on the University’s campus with a new living space comprising 2,000 new bedrooms in a range of formats including townhouses and some with ensuite facilities.
It will also incorporate innovative student amenities such as social hubs and new student union facilities. Construction is anticipated to start in 2016, and would be delivered by Balfour Beatty’s UK construction services business.
Leo Quinn, Balfour Beatty Group chief executive, said: “Following the revaluation of the portfolio last week, this project demonstrates the continued value our Investments business brings to the whole Group. We look forward to supporting the University with their growth ambitions and delivering on their sustainability targets.”
This was posted in Bdaily's Members' News section by Ellen Forster .
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular morning London email for free.
How to build credibility in B2B marketing
Is your business ready for the trade union change?
Government 'must take its foot off businesses' throats'
Upskilling key to civil engineering's future
Why apprenticeships are becoming a strategic asset
Business growth requires the right environment
OpenAI decision a wake-up call for our tech plans
Understanding the new Employment Rights Act
Why global conflict is a cyber risk for UK SMEs
Improving safety and standards in construction
From economic engine to community ecosystem
Improving North East transport will improve lives