Starting in July 2013, the deal will see Derwent work on the University’s 1,414-bed student accommodation scheme.
The company will provide accommodation management, tenancy management, security, cleaning, helpdesk, maintenance and full life-cycle responsibilities at the site, which also includes a central common room, laundrette and a small retail facility.
It will provide these services as part of Uliving – the consortium made up of major developer Bouygues Development and Derwent FM’s parent company, not-for-profit accommodation operator Derwent Living – which will provide equity into the scheme.
Peter Church, director of campus services at the University of Essex, said: “Demand for good quality campus residences remains high and [new development] The Meadows will add to student choice, with the town houses ideal for groups who wish to share accommodation. The social pavilion will enhance the sense of community for residents of this new development and University Quays.”