The work will be delivered by Lend Lease’s project management and construction business with the first five locations to commence in 2013.

The first five projects will contain a total of 3,500 units and have a combined contract value of £240m.

Work will get under way at sites in the university cities of Birmingham, Leeds, Manchester, Sheffield and Hull, with completion expected in 2015.

Manor Property Group and Lend Lease then plan to deliver additional sites comprising 36,500 units across the United Kingdom.

Lend Lease Group Chief Executive Officer and Managing Director, Steve McCann, said “We are very pleased to have secured this agreement with Manor Property Group, which leverages the core capability of Lend Lease’s project management and construction business in the UK student accommodation sector, and adds to our construction work.

“We will continue to deliver third party work alongside our significant UK development pipeline.”

Lend Lease has previously partnered with the University of Sheffield to deliver student accommodation totalling 4,000 beds through a combination of new build and refurbishment.