The Rise of Student Accommodation Uk


 

If you live in a city, you’ve likely seen the hundreds of private, purpose-built student accommodation (PBSA) buildings propping up all over the place.

New research shows that these buildings now account for 77% of the entire student accommodation sector.

In fact, the construction output in higher education dominates all other construction markets within the UK.

Protection Supplies have been investigating the rapid rise of PBSA’s, analysing the positive impact they are having on the UK’s construction sector and even predicting the next top hotspots developers should be considering - https://www.protectionsupplies.co.uk/blog/rise-student-accommodation/

Some stand-out facts from the article include:

  • An additional 29,000-bed spaces are currently being built for the upcoming 2019/20 academic year.
  • In three months in 2018, investment transactions in PBSA more than doubled from £1.4bn to £3bn.
  • There are currently 132,000 PBSA accommodation units in the pipeline.
  • In Newcastle and Exeter, every 1 in 15 homes is now a student property.

The article also features:

  • New ‘hybrid co-living schemes’ aimed at making a profit from post-graduates and young professionals.
  • The top hotspots for potential PBSA demand (based on the % of students planning to remain in their university town after graduating)

You can read the full article here

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