National student accommodation manager, Homes for Students, has been appointed by Moorfield Group, on behalf of Moorfield Real Estate Fund IV, to provide management services at Toybox, its brand new 290-bed purpose built student accommodation scheme in Birmingham.
The contract will be managed under Homes for Students’ premium brand, Prestige Student Living, which offers a variety of luxury student properties across the UK. It takes the number of beds in the Prestige Student Living portfolio to over 4,000.
Toybox, which is 100 per cent occupied for this academic year, comprises 151 studio apartments and 139 en-suite cluster bedrooms spread across a 15-storey building.
Students at the scheme have access to a fully equipped onsite gym and wellness studio, a private courtyard garden, automated parcel lockers, ultrafast fibre optic Wi-Fi and a dedicated on-site hospitality and concierge team which provides marketing, security, cleaning and maintenance.
Martin Corbett, Managing Director, Homes for Students, said: “There is an ongoing demand for high-end student accommodation and Toybox is an excellent addition to the Prestige Student Living portfolio.
“Homes for Students is continuing to expand the number of student beds under management, which now stands at over 21,000 and our forecast of 30,000 beds by the end of March 2021 will include several new properties under the Prestige Student Living brand.”