Case study Joint ventures to unlock on-campus potential Through our joint ventures with two leading universities, we are a step closer to making next- generation student living a reality in two cities. The arrangements will help them to attract students and address a shortage of student housing. With Newcastle University, we have started work on-site after being granted planning permission to redevelop student accommodation, built in the 1960s, replacing it with a modern, sustainable living space for 2,000 students. Designed with sustainability at its core and to meet diverse student requirements, the Castle Leazes development will benefit the local economy and job market and make a vital contribution to the city’s housing strategy by alleviating pressure on the private rental market. Phase one (788 beds) is scheduled to open for the start of the 2028/29 academic year. Phase two (1,221 beds) is expected to be ready for the 2029/30 academic year. Through our joint venture with Manchester Metropolitan University (MMU), we have been granted planning permission for a £390 million development for 2,300 beds at the university’s Cambridge Halls site in Manchester city centre. As well as improving the supply and quality of on-campus accommodation, the development will provide new spaces for community use. We will act as developer, asset manager and operator of Cambridge Halls, enabling MMU to continue its focus on delivering an outstanding student experience and outcomes. THE UNITE GROUP PLC Annual Report and Accounts 2025 43