CIC Conygar Investment Company Plc (the)

TIDMCIC

RNS Number : 6846M

Conygar Investment Company PLC(The)

23 September 2021

21 September 2021

THE CONYGAR INVESTMENT COMPANY PLC

Detailed planning permission received for Nottingham student accommodation

The Conygar Investment Company PLC ("Conygar" or "Company"), the property investment and development group, announces that Nottingham City Council has passed a resolution to grant planning permission for a 700-bed scheme on The Island Quarter.

The new accommodation, which forms part of our plans for intergenerational living on The Island Quarter, the GBP1 billion 36-acre redevelopment, is likely to start on site shortly and be available for students to occupy at the start of the 2023/24 academic year.

Christopher Ware, Director at Conygar said: "We're delighted that the planning committee has approved the plans for the proposed student accommodation on The Island Quarter. Nottingham is home to world-renowned universities and further educational institutions, and its student population is growing rapidly. The demand from second and third-year students to remain in purpose-built accommodation is also increasing and there is a clear need for additional, quality student beds in the city."

Enquiries:

The Conygar Investment Company PLC

Christopher Ware / David Baldwin: 020 7258 8670

Liberum (Nominated Adviser and Broker)

Richard Lindley / Jamie Richards / Ed Phillips: 020 3100 2222

Temple Bar Advisory (Public Relations)

Alex Child-Villiers: 07795 425580

Note to Editors:

Further details on The Island Quarter can be found at https://www.theislandquarter.com/

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September 23, 2021 02:00 ET (06:00 GMT)

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