Study Inn Group, a luxury hotel-style student accommodation owner, developer, and operator are set to convert Reynard House, a former office block in Leicester, into a 267-bed high quality purpose-built student accommodation centre.
The £30million redevelopment will increase the overall square footage of the existing Reynard House by 50% with additional new build space, totalling 73,550 sq. ft. The brand-new 7-storey student accommodation scheme will provide a mixture of studios and en-suite serviced apartment rooms, all within a 3-minute walk from the De Montford University’s main campus. Construction is well underway, with opening scheduled for September 2022.
Facilities will follow the same enhanced specification as Study Inn’s 2nd generation of properties, including 24×7 onsite management; room cleaning and linen services; and state-of-the-art communal facilities such as extensive study space; wellness spa; sauna; steam room; hot beds; gym; yoga studio; games room; lounge; big screen cinema room; and an atrium conservatory for additional natural light.
Commenting on the new development, Jack Jefferson, acquisitions director at Study Inn, said: “We are very pleased to add another fantastic city to our fast-growing portfolio. As both a developer and an operator, it is testament to our confidence in the continuing purpose-built student accommodation letting ability in Leicester.”
In addition to Leicester, Study Inn is currently building its latest properties in Exeter, opening in September 2021 and Leeds, opening in September 2022 to add to its operating properties in Bristol, Loughborough, and Nottingham.