Robust results providing a platform for ambitious growth

Robust results providing a platform for ambitious growth

UPP Holdings Limited (trading as University Partnerships Programme), the UK’s leading provider of campus infrastructure,student accommodation and specialist residential services, today reports its results for the year ending 31 August 2013. The results reflect a landmark year for the business, showing growth in turnover, EBITDA and bed numbers; all achieved whilst securing new investors and unlocking the capital markets.

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Chief Executive Officer, Sean O'Shea announces 5 year plan for growth

Chief Executive Officer, Sean O'Shea announces 5 year plan for growth

In an interview with Estates Gazette, Sean O'Shea announced UPP's ambitious plan for growth at home and hints at expansion overseas.

Student Housing provider UPP is getting a £200m equity injection from its shareholders setting it up for a £1bn expansion drive. The investment from 60% owner Dutch pension fund PGGM will help UPP add 12,000 beds to its portfolio and launch a European arm.

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UPP announce £200m equity boost

UPP announce £200m equity boost

UPP announce a £200 million investment to enable a steady expansion over the next five years.

Student developer University Partnerships Programme will receive a £200m equity boost from its shareholders, which will fuel a £1bn expansion. The company is owned 60% by Dutch pension fund PGGM. The investment will allow UPP to add 12,000 beds to its portfolio, increasing its total beds to 40,000 over the next five years. It also wants to establish a European arm with 2,000 beds outside of the UK, to capitalise on UK universities looking to establish campuses abroad.

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