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Nido partners with Primus and HIG for 790-bed PBSA schemes

Nido has partnered with a joint venture between Primus Property Group and HIG Realty Partners on the design and operation of two purpose-built student accommodation schemes in Leeds and Lancaster.

The two schemes will deliver 790 beds, 402 in Leeds and 388 in Lancaster. Both schemes are set to open in 2025.

The schemes will also offer a range of amenities including games rooms, common living areas, private dining rooms, group study spaces, cinema rooms, gyms, yoga studios and vibrant outdoor social areas.

To date, Nido has developed and managed more than 20,000 student accommodation and co-living beds in the UK and Europe, and consolidated its footprint as one of Iberia’s largest residential-for-rent operators.

Darren Gardner, chief executive of Nido, said: “The UK student accommodation market continues to be hugely undersupplied, with an acute lack of the type of professionally managed and wellbeing-oriented homes that residents demand.

“Our appointment to work on these two much-needed schemes demonstrates HIG’s and Primus Property Group’s understanding of the importance of delivering a best-in-class and differentiated residential experience for students and a recognition of our expertise in helping them deliver it.

“As well as drawing on our own experience, we regularly survey our Nido residents across Europe to fully understand their needs in different markets, helping inform our approach to design, events and technological integration.”

To send feedback, e-mail akanksha.soni@eg.co.uk or tweet @AkankshaEG or @EGPropertyNews

Photo © Primus Property Group

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