£295 million halls deal makes history

April 19, 2002

Nottingham Trent University is to transfer management of its student accommodation to the private sector, the first time a United Kingdom university has made such a deal.

In a deal worth a total of £295 million, the Jarvis University Partnerships Programme will run the 2,326 bed accommodation while the university continues to market and allocate rooms. The university said the arrangement will save it £16 million.

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