Acquisitions

AIM : To continue sustainable growth of the business.

We aim to do this via:

  • working with Universities in close partnerships
  • working with NHS Trusts, Housing Associations and other agency's to provide key worker accommodation
  • new build, purpose designed schemes and acquisition of existing buildings from Land/Site Owners/Agents
  • forming of financial and joint venture partnerships
  • working with local authorities on major regeneration projects


UNIVERSITIES
To date, we have secured 20 university leases and take pride in working with our university partners. We are keen to bring Opal's "added value" to other universities. 


NHS TRUSTS
Our experience and position as one of the leading providers of student and private residential accommodation puts us in an excellent position to be service this sector.


HOUSING ASSOCIATIONS
We are keen to forge relationships with social housing providers in order to add value and help local communities.

LAND/SITE OWNERS/AGENTS
We are always looking to acquire new sites. Please see below for our broad requirements and contact one of our acquisitions team in the offices below:

Rob GreavesRob Greaves - Senior Acquisition Manager
The Place, Ducie Street
Manchester    
M1 2TP
Tel: 0161 233 2930
Fax: 0161 233 2931

 

Land size Upwards from 0.5 acres

 

Intended use

  • Student accommodation - not less than 300 beds
  • Private residential - not less than 60 apartments for letting

 

Types of land

  • Brownfield preferred
  • Will consider demolition of existing buildings
  • Will consider purchasing several smaller plots together

Property

  • Will consider renovation of large warehouses etc
  • Will consider large houses for conversion to flats

 

Preferred Location - Private schemes

  • Near City or suburban centres
  • Near an established area with good letting record
  • Near transport
  • and ideally:
  • Near water such as river, canal or lake
  • Should have off street parking capacity
  • Green aspect such as trees, landscaping or parkland

 

Preferred Location - Student schemes

  • Next to the front or back door of University or very close to campus or adequate transport link


Builders
We would welcome hearing from builders with a proven track record in delivering quality products on time. Builders of a size able to provide turnkey finance are preferred.

Financial Partnerships
We have a few key relationships at present, which continue to prosper. As our growth continues, new relationships will need to be formed. Please contact our Funding and Investment Manager, Craig Mellor, to discuss opportunities further.


Joint venture partnerships
If you feel that a mutually beneficial relationship / project could be undertaken, then please contact Opal's Funding and Investment Manager, Craig Mellor to explore the opportunity.