Monthly Archives

November 2013

Estates Gazette on Portergate in Preston: A question of confidence

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Estates Gazette on Portergate in Preston: A question of confidence

This week, Estates Gazette, the property industry bible, turns its focus onto Preston.

Simon Donohue, a business journalist specialising in the North West, asks who will take the plunge to deliver much-needed new office space in the city?

His feature, titled A Question Of Confidence, examines the task facing Preston Council to restore confidence in the city following the inevitable collapse of the all-or-nothing £700m Tithebarn regeneration plan.

Donohue believes bold and speculative developers, such as Portergate Property Management, need to lead the way writing: “There has been some success in attracting investment; student accommodation is being brought forward by Portergate Property Management, which has planning permission for 260 en-suite student bedrooms.”http://studentaccommodation.properties

Preston Council should take the lead with small developers to begin regeneration projects, like Friargate, or Glover’s Court in the city, argues Paul Swinney, an economist with Centre For Cities.

He is quoted as saying: “Preston is doing well overall, but its city centre is not doing well. In a way it’s repelling developers.”

Portergate is expecting to start on site at Friargate, a strategically important site close by the University of Central Lancashire. The company, led by Anthony Jackson, is a market leader in securing investment in its schemes, particularly from overseas and has recently completed a 240-room student accommodation building in Salford.

Riverside student accommodation “ticks all the boxes” for letting experts

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Riverside student accommodation “ticks all the boxes” for letting experts

Growing numbers of students are looking for the level of luxury offered by Salford student accommodation provider Portergate, a leading letting expert has revealed.

Award-winning Greater Manchester-based Jordan Fishwick Lettings says Portergate’s new Riverside House development in Salford “ticks all the boxes”.

And parents are also re-assured by the standard of accommodation and the security that Riverside offers its tenants xenical medication.

Alex Stacey, Lettings Negotiator at Jordan Fishwick, says: “I’ve just placed a student at Riverside who was commuting from West Yorkshire to University of Manchester but wanted to save time and money getting to and from classes.

“He liked the flexibility of the contracts, as a lot of private and student landlords will insist on tenants signing up for the academic year.

“That may not be suitable for people starting their courses later on, or for students who are unhappy in their current home and just need somewhere until they finish their studies in June.”

She added: “We feel that Riverside House ticks all the boxes that students are looking for as well as offering a level of luxury not usually found in other student accommodation.

“Things like each cluster having a dishwasher is pretty much unheard of and is extremely popular with students!

“It is easy for them to budget as all bills are included within the rent and the rooms are good value for money considering the quality and style.

“All rooms and clusters are offered fully furnished even down to bedding and crockery and cutlery so tenants can literally move straight in without having to think about purchasing any additional items.

“I also think it is reassuring for students and their parents, especially those coming from overseas, that it is such a safe building with staff on-site 24 hours a day and fob access in to the building, clusters and rooms.

It is ideally situated for access to University of Salford whilst still being only a short walk from the city centre.

“There are also good transport links to the other universities and colleges, appealing to a wider selection of students.”

Jordan Fishwick was Letting Agent of the Year in 2011. For more details visit www.jordanfishwick.co.uk

Getting ready for a happy New Year

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Getting ready for a happy New Year

Salford student accommodation provider Portergate is getting ready to welcome a new set of students when they start their courses in the New Year.

While the academic year for many students is now well underway, the University of Salford offers flexible start dates with the opportunity to start on some courses early in 2014.

They include a number of nursing and health courses. Details of all the subjects and when they begin are available on the university’s website www.salford.ac.uk

Students starting their university life after Christmas will be sure of a great welcome at Portergate’s Riverside House.

The new student accommodation, within walking distance of the University of Salford, has already attracted undergraduates from across the globe looking for the kind of boutique hotel facilities it has created.

Students are being attracted to Riverside by the modern, secure facilities provided at the purpose-built development which offers 242 high-quality, en-suite bedrooms.

Portergate’s accommodation has been designed to the standards modern students – and their parents – now demand.

Every apartment at Riverside House offers:

Fully-furnished living space
Fitted kitchen complete with appliances
Fully-furnished bedrooms
Broadband internet included in the rent
Portergate has new student accommodation projects in the North West worth more than £20 million and has more than 500 en-suite bedrooms built, on site or with planning permission.

Portergate launches ‘The Final 42’ investment prospectus

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Portergate launches ‘The Final 42’ investment prospectus

An exceptional investment opportunity – The Final 42 – has been officially launched by Salford’s newest student accommodation provider.

The Final 42 investment prospectus from Portergate Property Management sees the last luxury rooms at Riverside House in Salford go on sale to investors with guaranteed yields and ‘buy back’ options.

Portergate has sold 200 rooms in the 242-hotel-class hall of residence, which opened its doors to students in September, in a purpose-built accommodation building on the River Irwell close to the University of Salford and to Manchester city centre.

Portergate has new student accommodation projects in the North West worth more than £20 million and has more than 500 en-suite bedrooms built, on site or with planning permission.

The company has already attracted major interest from overseas investment with its boutique student living concept and has performed extremely well at investment trade shows in China recently.

Final 42 prices at Riverside House start from £59,000 with a guaranteed 8% yield and a Buy Back option after five years at 10% above the initial investment cost.

Company chairman Anthony Jackson is expecting strong demand for his high-performance investment and says: “We have sold a lot of rooms at Riverside House to overseas investors who see the enormous potential in the UK student investment market.

“With the economy growing in the UK we are now also seeing interest from individuals and groups looking for a guaranteed, high return for their money, especially when compared with traditional High Street saving rates.

“With 200 units sold already we expect the final 42 to go quickly. And we are already making plans for future releases in our other North West property portfolios.”

Portergate was one of the star exhibitors at the Overseas Property Investment Show in Shanghai in September, a major international event attracting 130,000 visitors and featuring hundreds of specialist exhibitors from 30 nations across the globe.

Anthony Jackson commented: “The student accommodation sector is seeing continuing growth and is a real property success story in the UK.

“Overseas investors see the UK as a solid and strong place in which to invest their money and are excited by our plans and growing portfolio of developments.

“Riverside House is within walking distance of the University of Salford, which each year attracts more than 3,000 international students from more than 100 nations around the globe.

“We’re building on the continuing success of Britain’s higher education sector and the growing demand today’s students – and their parents – have for purpose-built, quality accommodation. They are investing in their children’s future and so are we.”

For further information on Portergate, investment opportunities or to reserve accommodation, please call +44 (0) 844 245 2688 or visit www.portergatepropertymanagement.com

 

Media spotlight focuses on Salford

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Media spotlight focuses on Salford

An impressive line-up of media heavyweights will descend on Salford later this month, providing food for thought for undergraduates living at student accommodation provider Portergate’s Riverside House.
The University of Salford is playing host to media figures ranging from writer and executive producer of The Simpsons Josh Weinstein to Scottish Culture Secretary Fiona Hyslop.
They are keynote speakers at the Salford Media Festival, which this year celebrates two decades as one of the UK’s leading industry events.
Channel 4’s Director of Creative Diversity Stuart Cosgrove will also be among the main speakers at the festival which runs from November 19-22 at the university’s MediaCityUK campus.
Formerly the Nations and Regions Media Conference, the festival is organised by the University– in collaboration with partners including the BBC, ITV, RTS and Creative England.
The changing face of UK local, regional and national media will be discussed in key sessions at the festival, which is aimed at content creators, producers, broadcasters, policymakers, media academics and students.
Josh Weinstein will talk to broadcaster and legendary Manchester band Inspiral Carpets keyboard player, Clint Boon, about his career and why Manchester is a place of special significance for him.
And Stuart Cosgrove will reflect on the key landmarks in the development of media in the nations and regions over the last 20 years.
Fiona Hyslop will use her talk to put forward her vision of the future of media in an independent Scotland.
Other contributors include John Whiston, who is creative director of serial dramas at ITV Studios and BBC Children’s director Joe Godwin, as well as BBC 5Live Breakfast Editor Gill Farrington.
Events on the last two days will primarily cater for students and young people looking to make their way in the media sector.
Professor Seamus Simpson, Festival Content Director, told the university’s website: “We aim to establish Salford Media Festival as one of the key events of its kind taking place outside London. It will showcase new perspectives and work at the leading edge of the media sector and has an international, as well as a UK, focus.
“There will be opportunities to hear about the latest trends and issues affecting the media sector and to network with a range of professionals passionate about the shape and future evolution of media in all its forms.”
For further information, and to book a delegate’s place, visit the Festival website at www.salfordmediafestival.co.uk
Salford student accommodation provider Portergate has opened its Riverside House student accommodation, within walking distance of the University of Salford.
It has already attracted undergraduates from across the globe looking for the kind of boutique hotel facilities it has created.
And with the university’s January intake fast approaching there is even more interest in the modern, secure facilities provided at the purpose-built development which offers 242 high-quality, en-suite bedrooms.
Portergate has new student accommodation projects in the North West worth more than £20 million and has more than 500 en-suite bedrooms built, on site or with planning permission.

Rising interest in high quality student accommodation

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Rising interest in high quality student accommodation

A new report by property expert Knight Frank highlights the growing demand for the deluxe offering created by Salford student accommodation provider Portergate.

Its new Riverside House student accommodation, within walking distance of the University of Salford, has already attracted undergraduates from across the globe looking for the kind of boutique hotel facilities it has created.

And with the university’s January intake fast approaching there is even more interest in the modern, secure facilities provided at the purpose-built development which offers 242 high-quality, en-suite bedrooms.

The Knight Frank report reveals that there will be a growing need for the kind of accommodation that Portergate provides at Salford, and at its other planned projects across the North of England.

Knight Frank is projecting that domestic and overseas student acceptances will increase over the next five years.

In its report it says: “We anticipate that the rise in September 2014 will be in excess of 3%.”

The report focuses on the market for “purpose-built student accommodation” and expects demand to be underpinned by the rising global popularity of Britain as a place to study.

It is a trend already seen by Portergate, whose accommodation has been designed to the standards modern students – and their parents – now demand.

And it is why it has seen growing interest from overseas students since opening in time for the current university term.

That interest continues to increase as students looking to start courses at Salford in the new year come to appreciate what Portergate can offer them.

Every apartment at Riverside House offers:

Fully-furnished living space
Fitted kitchen complete with appliances
Fully-furnished bedrooms
Broadband internet included in the rent
Portergate has new student accommodation projects in the North West worth more than £20 million and has more than 500 en-suite bedrooms built, on site or with planning permission.