Senior Director - Student Accommodation
UK Student Accommodation Storylines: Applications, Affordability and Appetite from Investors
As at 30 June, UCAS reported that overall applications into UK higher education were down by 4% for the 2017/18 compared to the same date the previous year, but acceptances are only down by 1.3% as at 22 August compared to the same date in 2016.
There is still demand for studios and higher rented schemes provided they are in a strong location, on a ‘boutique’ scale, and deliver on service and overall experience.
Student accommodation is increasingly considered a mainstream sector with demographically backed demand drivers and constrained supply. There continues to be demand from all types of investors, with over £2.34bn invested so far this year in student housing.