Lend Lease, Manor Property JV On 40,000 Student Units

YORKSHIRE, ENGLAND—Australian infrastructure firm Lend Lease has signed on to design and build as many as 40,000 student housing units at 70 locations throughout England and Scotland in an exclusive agreement with Manor Property Group. Lend Lease’s project management and construction division will deliver the projects for Manor Property Group, a locally based private developer.

The firms will begin work on the first five locations this year. When completed in 2015, the communities will deliver 3,500 units. Worth a total of some £240 million, the projects will serve the university cities of Birmingham, Leeds, Manchester, Sheffield and Hull.