Collegiate AC is an exemplary operator of award-winning student accommodation in 21 UK cities, as well as several European university towns too. This means there is an extensive plant infrastructure across its property portfolio. Cosgrove & Drew is proud to have created an asset register with plant assessment, supporting Collegiate to increase the longevity of their plant through better maintenance; identify opportunity for improvement, upgrade and energy efficiency; and better plan expenditure for replacement.
Cosgrove & Drew is now the preferred partner for Collegiate, supporting with advice and planning for plant efficiency, as well as ongoing maintenance and a programme of planned upgrades. Through this comprehensive planning approach, we have documented and assessed every item of plant, identified opportunity for upgrades and repairs to increase longevity, considered how to improve plant to deliver energy efficiency gains and support net zero goals, and importantly how to incorporate planned expenditure and upgrades to avoid emergency end-of-life equipment replacements. Through this, Collegiate will make significant savings, as well as experiencing reduced outages from legacy plant.
The client comments, “With our extended property portfolio, there is inevitably emergency repair requirements for our student accommodation when equipment fails. This not only puts us in a reactive space, responding to student concerns, but it means that we need to release contingency expenditure. The asset register and planned programme of works has supported our budgeting capabilities, ensured continued student satisfaction, and provided opportunity for a more considered approach, aligning our plant upgrade with our business goals. Cosgrove & Drew has been invaluable, and has been really proactive in offering this support so that we can reap the benefits.”