HOCHTIEF Secures €200 Million Contract to Deliver Sustainable Student Accommodation for University of Southampton Expansion

© Willmore Iles Architects Ltd.

(IN BRIEF) HOCHTIEF, as part of the Aspire consortium, has been awarded a €200 million contract to deliver a major student accommodation project for the University of Southampton, including design, construction, financing and 50-year operation. The project will provide 1,092 new accommodation units, refurbish 399 existing rooms and restore the historic Stoneham House, supporting the university’s plan to expand to 30,000 students by 2031. Designed to exceed UK Net Zero Carbon targets and increase affordable housing availability, the development reflects a strong focus on sustainability and accessibility. With extensive experience in delivering student housing across the UK, the consortium will deliver a long-term infrastructure solution that enhances campus living and supports future growth.

(PRESS RELEASE) ESSEN, 25-Mar-2026 — /EuropaWire/ — HOCHTIEF, as part of the Aspire consortium, has secured a contract valued at approximately €200 million to deliver a major student accommodation project for the University of Southampton in the United Kingdom. The agreement encompasses not only the design and construction of new facilities but also their financing and long-term operation over a 50-year period, reflecting a comprehensive infrastructure partnership.

Working alongside consortium partners Cityheart Limited and Vinci Building Limited, HOCHTIEF PPP Solutions will lead the development of 1,092 new student accommodation units across the Connaught and South Stoneham campuses. The project also includes the refurbishment of 399 existing rooms and the restoration of Stoneham House, a listed historic building within the university estate. Construction is scheduled for completion by 2029.

The initiative is aligned with the University of Southampton’s strategic objective to expand its student population to 30,000 by 2031, creating increased demand for high-quality accommodation. The new and upgraded facilities are intended to support this growth while enhancing the overall student living experience.

Sustainability is a key component of the project, with all buildings designed to operate without emissions and exceed the United Kingdom’s Net Zero Carbon targets. In addition, the agreement includes measures to increase the proportion of affordable student housing within the university’s accommodation portfolio by ten percent, supporting accessibility and inclusivity.

The Aspire consortium partners bring extensive experience in delivering large-scale student housing infrastructure, having collectively developed around 30,000 student beds across the UK. This background supports the efficient execution of the Southampton project and ensures high standards in both construction and long-term operational management.

Through this contract, HOCHTIEF continues to strengthen its presence in the UK infrastructure market, combining its expertise in design, construction, financing and operations to deliver long-term value for educational institutions and their communities.

HOCHTIEF is an engineering-led global infrastructure solutions provider with leading positions in North America, Australia and Europe and a strong presence in the rapidly expanding strategic growth markets of data centers, energy and sustainable infrastructure markets. With around 62,000 employees and a sales volume of EUR 38.2 billion in 2025, HOCHTIEF is the leading construction management and green building company in the U.S. (through Turner), the largest contractor in the Australian infrastructure services market (CIMIC), a key player in U.S. transportation infrastructure (FlatironDragados) and a renowned civil engineering and building construction company in Europe. The Group’s PPP and infrastructure development activity is complemented by its 20% stake in the leading international toll road concessions operator Abertis. HOCHTIEF’s strong competitive position is underpinned by the Group’s engineering know-how, innovative digital systems and supply chain & logistics solutions. Thanks to its long-standing commitment to sustainability, HOCHTIEF, where green projects account for almost 50% of Group sales, has been listed in the Dow Jones Sustainability Indices since 2006 and is committed to delivering on its ESG agenda including a net-zero target for 2045. Further information is available at www.hochtief.com

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Contact:
Dr. Bernd Pütter
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45133 Essen, Germany
Tel.: +49 201 824-2610
presse@hochtief.de

SOURCE: Actividades de Construcción y Servicios (ACS)