Collegiate UK

A NEW CONCEPT IN STUDENT LIVING

COLLEGIATE UK CONSTRUCTION

S T U DY I N G , SOCIALISING AND SLEEPING IN STYLE Collegiate UK is changing perceptions of student accommodation and providing safe spaces for studying and living. We speak to CEO Robert Moyle to learn more Writer: Rachel Carr | Project Manager: Nicholas Kernan

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ollegiate UK is a dynamic student accommodation business, owned by investment manager Arlington Advisors, providing students with the latest in urban living. Doing more than simply housing the next generation of graduates, Collegiate UK is creating communities.

The buildings are designed, located and developed with its residents in mind, with high-quality finishes, light and stylish spaces, and an array of appealing features. Secure accommodation ensures the students feel safe in their living environment, whilst maintaining an aspect of fun for making connections.

“The important thing is our residents are having fun and live in a safe and secure building where they can connect and study. We understand it is their home and for many of them it is the first time they have lived away from their family.

We focus on creating communities, and providing environments where our residents make friends for life, which is also at the right price point, 2 | EME Outlook Issue 52

location and building style for all students,” opens Robert Moyle, CEO of Collegiate UK. For those paying a premium there are extra facilities, however, Collegiate UK is aware that a gym or karaoke room might not suit everyone’s needs.

The company prides itself on catering to students from different income levels and demographics.

“I think the most important element is that we are providing value to the students who are staying with us,” he adds.

A NEW BRANCH OF HOSPITALITY Moyle comes from a hospitality background, beginning his career working in hotels in Australia, and gradually climbing the ladder. The transition into student accommodation was not an opportunity to pass up.

“Once I understood the model, I could not see any reason not to join the Purpose-Built Student accommodation (PBSA) sector. The 98 – 100 percent occupancy for 44

to 51 weeks of the year was mindblowing to me. Coming out of hotels I was used to hundreds of staff for a 500-bed property, with occupancy sitting nowhere near 98 percent plus for such prolonged periods.

Many of our buildings have in excess of 500 beds and while we don’t have the same staff ratio in student accommodation, it is fundamentally a hospitality product with many similarities to hotels,” reveals Moyle.

As an indication of his early success in the sector, Moyle was transferred from Australia to the UK to assist with the set-up of an operating platform to support the growth of the business for another operator. After taking multiple roles, Moyle then joined investment manager, Arlington Advisors as Director of Operations in 2018.

“I THINK THE MOST I M P O R TA N T E L E M E N T I S T H AT W E A R E P R O V I D I N G VA L U E T O THE STUDENTS WHO A R E S TAY I N G W I T H US” – R O B E R T M OY L E , C E O, C O L L E G I AT E U K

“While working at Arlington Advisors, the senior management team soon realised that we needed our own platform. We were managing multiple assets utilising five different operators. While this was initially appropriate for the business, as we grew it just wasn’t

efficient. When the opportunity arose to buy an established operational platform for student accommodation, it was the perfect solution and we acquired Collegiate UK” informs Moyle.

The acquisition of Collegiate UK occurred in the midst of the

COVID-19 pandemic. Moyle became CEO and proceeded to move 7,000 beds owned by Arlington’s investors across from five different operators.

It was a very challenging two and a half years and Moyle is extremely proud of what the team achieved under very trying circumstances. He brought together the assets owned

by Arlington’s investors under one management platform and mobilised an additional three buildings owned by a different asset manager. The company is unique in the fact it is an owner-operator as well as a thirdparty operator.

Moyle believes the PBSA sector is an excellent alternative career in hospitality for individuals who have previously sought a service-based industry.

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COLLEGIATE UK CONSTRUCTION

“While there are many professionals in the PBSA industry I saw an opportunity to professionalise it and use my knowledge gained working in hotels to make a career out of it, not only for myself but for others too.”

“The sector is going from strength to strength, and we are looking at a very exciting journey in the next decade in the UK and indeed globally, so there are huge opportunities there,” says Moyle.

BRAND ADVANTAGE Collegiate UK’s position as both an owner-operator and third-party operator is a unique concept, and something that the company finds a competitive advantage.

“Our third-party clients get the benefit of being a part of a bigger organisation. Particularly if they are a smaller asset owner where they might only have one or two buildings, they can plug into a bigger machine and get all the expertise and support that

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comes with it,” states Moyle.

With over 15 plus years of experience in the hands-on development and management of purpose-built student accommodation schemes, Collegiate and Arlington Advisors have advised on multiple student accommodation projects and are considered experts in their field. They are focused on building partnerships and supporting asset owners to achieve their financial objectives. There are many aspects to this but at its core, Collegiate UK puts the development of student communities at the heart of everything they do. This focus ensures that students want to continue to stay for another year, supporting investor’s revenue targets.

“We pride ourselves on the bespoke branding around each building. The Neighbourhood, located in Cardiff and Exeter, has its own brand tucked under what we are doing. Therefore, you will see a number of brands covered under

TSS As one of our first and most valued clients, we have assisted Collegiate UK with their procurement needs over the last three and a half years.

From their first order back in 2019, where we provided a single TV, to last summer, where we supplied mattress protectors to every Collegiate bed across the UK. We work with a number of site managers on a daily basis to ensure their buildings are kept to a great standard and can be enjoyed by staff and students.

www.mytss.co.uk

COLLEGIATE UK CONSTRUCTION

Your property.

Our Passion.

At the Student Shed, we aim to meet all the procurements needs of properties in the Purpose Built Student Accommodation (PBSA) sector on a Business to Business basis.

Providing mattresses, white goods, electronics, maintenance items and more, we have access to discounted prices from some of the best known brands in the country.

NOVO SUPPORT

SUPPORTING YOUR BUSINESS Novo Support Services has been actively working with student accommodation and building managements since 2016, providing exceptional support in many aspects of the business. We pride ourselves in a quick and efficient service ranging from turnaround cleaning, window washing, maintenance assistance, gardening needs, painting, refurbishing and many more. We understand the importance of an outstanding appearance of a business and are happy to assist you with whatever your business needs.

Tailor-made fire and life safety system solutions for complete peace of mind We help you protect people and property We can support your business by providing a complete service solution for all your fire detection and security alarm system needs

www.defensorlifesafety.com 0116 244 8689

info@defensorlifesafety.com

There is nothing more important than life safety

CONTACT US

EME Outlook Issue 52 | 5

COLLEGIATE UK CONSTRUCTION

the Collegiate UK umbrella.

It is a way of differentiating our offerings. Think of a Hilton or Marriot who has multiple brands under their umbrella – we are similar to that.”

The development of student accommodation across the UK is a

COLLEGIATE UK IN NUMBERS 36 STUDENT RESIDENCES ACCOMMODATION IN 21 CITIES 268 EMPLOYEES 10,802 BEDS FOR SEVERAL CLIENTS INCLUDING ETHOS PROPERTY, APOLLO CAPITAL MANAGEMENT, AND NORTHRIDGE CAPITAL

6 | EME Outlook Issue 52

challenging space, mainly due to the pastoral care element. Many students are away from home for the first time, while some are living in an entirely different country.

“An international student could come here and find it very different to what they are used to. So, for us, it’s not only about the bricks and mortar, running the business and looking after investors, the interesting aspect is also ensuring that we are providing a great experience for our residents. We want to create an environment where everyone thrives,” acknowledges Moyle.

Collegiate UK views the students as customers paying for a service, hence quality common spaces and 24-hour security within an environment that gives the residents and their parents peace of mind. The company also

understands the importance of the accommodation being a place that brings people together, who become firm friends outside of university life.

The vision is to be the first choice for students by creating the best experiences and providing a home environment where everyone feels safe, comfortable and belongs.

STUDENT SPACES OF THE FUTURE Staff recruitment is a key focus for Collegiate UK. It is important for the business to find intelligent, careerdriven individuals to perpetuate our success. As well as possessing the correct skill set, fitting into the ethos and culture of the company is non-negotiable.

“We have all heard culture eats strategy for breakfast and

at Collegiate UK we work on developing a positive environment.

You spend so much of your life working for someone that you want to enjoy what you are doing and be aligned to what is going on,” notes Moyle. “The single most important aspect for our success is the hiring and training of outstanding people who get our culture. Long term this is going to give us a competitive advantage.”

The statement is exemplified by the business waiting for a year to hire a Director of Marketing until the right person was found for the Executive Team. In fact, the Collegiate UK Executive Team was built from scratch.

“How we interact as a team begins at the top and flows through an organisation. We have a lot of

employees that have been with us for a long time, and we have developed their careers into management positions. We have nurtured a lot of junior people along the way, and many have stayed with us,” Moyle says proudly.

The company recognises that by bringing different organisations together, the cultural element within the business is bought into the spotlight and it requires work.

In addition to culture, embedding scalable systems and processes to have in place for when the company grows again is also important.

“We already have fantastic systems and people, but we now have an opportunity to look at what we did well and what we can do better. We want to fulfil everything we promise to our customers and investors.”

ARLINGTON ASSETS Having onboarded 7,000 beds in the past two years alone, the company sees a real opportunity to grow in the UK. “We have recently onboarded two properties in Chester, the last of the assets owned by Arlington’s investors which are to be transferred. Previously, they were managed by another operator. Arlington Advisors is always looking for opportunities to expand the business, and as assets are purchased, the plan is to have Collegiate UK managing them. This is the last piece of a combination of two years hard work throughout the COVID-19 pandemic.

It is an amazing story to buy a company, transfer all these buildings under the cloud of COVID-19, to add an extra 100 staff over that period and to then combine the staff of five different operators into one organisation. I don’t know anyone else who has done that during such a challenging time.”

There are two arms of the business to grow - the third-party operator and the

Collegiate UK endeavours to work more closely with the students, via projects, forums and focus groups, to establish how to improve its future product offering.

“As their asset management company, it is important that the investors get their return. Moreover, from a customer standpoint, we want to make sure that our residents receive an enjoyable experience and make friends for life,” concludes Moyle.

By offering a unique experience for students who want to socialise and study, one thing is clear, Collegiate UK is more than somewhere to live, it is a lifestyle.

owner-operator.

“I am comfortable that in the future there will be other assets onboarded outside the Arlington Advisors portfolio, as we look to expand in the UK. “Although we see some fantastic opportunities outside of the UK market, the expansion has to be right for our business. Ultimately, we want to grow but the UK is our home for the moment,” Moyle closes.

COLLEGIATE UK Tel: 01235 250140 marketing@collegiate-ac.com www.collegiate-ac.com EME Outlook Issue 52 | 7

A NEW CONCEPT IN STUDENT LIVING

COLLEGIATE UK Tel: 01235 250140 marketing@collegiate-ac.com www.collegiate-ac.com

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