Ropemaker Court, Manchester

Manchester

Active

Ropemaker Court, Manchester

PBSA

City

Manchester

Client

Institutional UK Fund

Service

Lot Size / Asset Size

A 416 operational ensuite led PBSA scheme located close to Manchester University campus.

Service

  • Operational Oversight
  • Revenue Enhancement
  • University Partnership Agreement
  • Property Management Agreement Retender

AREA in Action

  • Successfully negotiated a 10-year Nominations Agreement.
  • Negotiated a passing income under the Nominations Agreement at +4% to direct let levels.
  • Implemented a room refurbishment programme with pre-agreed rental uplifts with the University.
  • PMA renewal resulting in reduction in management fee by over 16%.

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