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Student homes on the rise

CONTRACTS - LONDON

THE BOOMING student accommodation market is hotting up again with two projects worth over £60 million in total getting into gear.

In west London four contractors are pricing a £30 million student accommodation project for Imperial College London.

HBG, Norwest Holst, Balfour Beatty and Laing O'Rourke are all working up bids.

The scheme at Kensington, known as the Princes Garden Refurbishment Estates Project, involves building 14,000 sq m of new student accommodation facilities with space for 420 beds.

Bids go back later this summer with work expected to start in November 2005 for completion in August 2007.

Across the capital, HBG and Balfour Beatty will know next month who has won a £33 million scheme in Docklands for the University of East London.