Student homes go for £23m

The University of Leeds has sold the freehold of its student residences at Clarence Dock to Liberty Living for £23m. The sale includes a nomination agreement which means the residences will continue to be available for the University’s students for the next 15 years. The 612 bed site will be renamed Liberty Dock. Ian Robertson, head of residential accommodation at the University of Leeds, said: “Liberty Dock is a core part of our accommodation provision for students. Its sale, with a nominations agreement, will allow us to invest the proceeds in the development of brand new residential accommodation at one of our own retained sites, while still ensuring that accommodation is also available to us at Liberty Dock in the long-term.” .