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Engie in 50-year £195m student accommodation win

Engie has won a £195m design, refurb and FM deal with Kingston University for its student accommodation.

The contract is worth £55m for the design and refurbishment of its 1,332-bed estate and a further £140m for a 50-year FM deal.

Engie will take an equity stake in the project with investor Equitix.

Its FM deal will see the contractor take responsibility for all aspects of the university’s halls from student desks and beds through to infrastructure replacement and reception management.

Engie will also be responsible for energy management and monitoring across the sites.

Kingston registrar and university secretary Keith Brennan said: “From the outset, the quality of the consortium’s proposals shone through, underpinned by the clear enthusiasm of the team involved.”

Refurbishment work is due to commence in June 2019, with completion expected in August 2021.

Meanwhile Engie’s regeneration business this week announced a four-year deal with housing association Gentoo aimed at extending the lifetime of its housing stock.

CN this week reported that Dave Sheridan had left his role as CEO of Engie Regeneration.

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