Khalifa University Student Accommodation PPP Project

United Arab Emirates

The Khalifa University Student Accommodation public-private partnership is a groundbreaking transaction and the largest of its kind in the Middle East, setting a benchmark for student-centric PPPs in the region. This transformative project – including a 23-year concession to design, build, finance, and maintain 3,260 student rooms – reflects the significant beneficial outcomes achievable through a well-structured PPP asset.

This partnership is transformative for both Khalifa University’s campuses: the Main Campus and the Sas Al Nakhl Campus. For the first time, the Main Campus will feature onsite accommodation for postgraduate students, elevating its appeal as a hub for advanced research and academic endeavours. Simultaneously, the SAN Campus will undergo a complete renewal, replacing ageing facilities with state-of-the-art accommodation.

This dual-campus transformation, requiring significant demolition efforts within two live campuses prior to the formation of new facilities, lays the groundwork for Khalifa University to attract a diverse cohort of domestic and international students, strengthening its position as a premier educational institution in the region.

At the heart of the partnership is the innovative collaboration between the private sector and the UAE’s top ranked university, Khalifa University, through a bespoke PPP framework, led by the Abu Dhabi Investment Office (ADIO). This direct engagement ensures a tailored approach that aligns with the University’s strategic objectives while fostering agility, accountability, and a shared commitment to delivering an innovative project.

Plenary is co-lead sponsor, co-lead equity investor, financial and commercial arranger, 50% facilities management co-joint venture member, and provider of SPV management and financial support.