ENGIE secures £195m student accommodation deal in London

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ENGIE

ENGIE has been announced as the winner of a new £195 million student accommodation refurbishment and maintenance scheme for Kingston University in London

ENGIE are set tom provide a £55 million redesign and refurbishment for an existing 1,332 bed student accommodation.

The firm will complete a a 50-year facilities management and lifecycle contract worth a further £140 million which they will take an equity stake alongside infrastructure investment firm, Equitix.

The contract combines ENGIE’s unique energy, services and regeneration capabilities and is in-line with ENGIE’s long-term placemaking strategy for the public sector.

The progressive placemaking project will deliver 1,332 new energy efficient, state-of-the-art bedrooms, to the Kingston Hill and Seething Wells halls of residences at the university, while improving the overall student experience.

Following the completion of the build, ENGIE will take on the role of facility manger to maintain furnishings such as student desks, beds through to infrastructure replacement, including electrical wiring, shower facilities and lifts.

In addition, ENGIE will support the day-to-day lives of the students, from reception management to communal area cleaning, as well as enabling high speed Wi-Fi and IT services to ensure the best experience for occupants.

Sam Hockman, Divisional COO for ENGIE’s Places & Communities Division (South) said:

“We are delighted to have been selected as preferred bidder by Kingston University for this major placemaking contract in the further education sector.

“The progressive nature of the project has allowed us to bring together ENGIE’s unique combination of expertise in energy, services and regeneration, in a way which will have far-reaching benefits for the university and those who study there.

“We look forward to delivering our robust and innovative solutions, working together with the University to bring their vision to life and enhance the overall university experience for students.”

ENGIE

ENGIE will also be responsible for energy management and monitoring across the sites, bringing innovative technology to deliver a sustainable student experience and also optimising levels of energy efficiency within the buildings.

Keith Brennan, Kingston Registrar and University Secretary said:

“From the outset, the quality of the consortium’s proposals shone through, underpinned by the clear enthusiasm of the team involved.

“The University were looking for a fresh approach for our student accommodation at these sites and a team we could work closely with as long-term partners for the benefit of our students – we look forward to working closely with Equitix and ENGIE.”

Refurbishment and building work are likely to commence in June 2019, with an anticipated completion date of August 2021.

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