2020 Nido Insights Report
As we bring 2020 to a close, Nido wanted to reflect and share all the hard work from the past year in their brand new Nido Student 2020 Insights Report …
Student homes site in capital sold to Watkin Jones
Development company, S Harrison, has sold a development site in Edinburgh earmarked for student accommodation.
Watkin Jones has acquired the plot in Gorgie Road which has planning permission for 248 student bedrooms in two buildings made up of 35 studio rooms and a mixture of cluster apartments, ranging from six to 10 bedrooms.
It will have a range of amenities including study rooms, a games area, gym, cinema, laundry and secure cycle storage for every resident, as well as incorporating quality soft landscaping, connecting the buildings to the riverbank on the Water of Leith …
Harrison Street and CA Ventures form JV to invest in four PBSA schemes
Harrison Street and CA Ventures have formed a new joint venture partnership to develop and acquire PBSA assets across the UK …
KKR Sells Two Student Accommodation Assets in the Netherlands Totaling 1,380 Units for €190m
Leading global investment firm KKR today announces it has sold two major student housing developments in the Netherlands for €190m. Xior Student Housing NV acquired the Zernike Tower, c.700 units in Groningen, and Greystar Real Estate Partners LLC acquired c.680 student accommodation units in Utrecht. Earlier this year in May, in a separate transaction, KKR sold the residential buildings in Utrecht, comprising 173 units, to GIC and Orange Capital Partners …
The PBSA sector has proved resilient
The purpose-built student accommodation (PBSA) sector has faced a unique set of challenges over the last few months. Remaining fully operational through the pandemic and meeting the needs of students, while also dealing with intense public scrutiny, has been challenging.
The resilience shown by students and our employees has been impressive and according to recent Unite Students’ research, carried out in collaboration with Opinium, our efforts have paid off, with students still highly valuing university life …
Agent perceptions of study abroad destinations changing as the pandemic continues
- A recent survey shows that practical considerations have become more important to agents since the spring – specifically whether a country’s borders are open and whether a country has helpful visa policies enabling international students to study there
- The UK improved the most in terms of how agents perceived it in September versus May
- Australia, Canada, and New Zealand have lost some ground, while the US continues to be the least well perceived on a number of measures
- ICEF research also suggests that a country’s border policies affecting international students will be a top determinant of agents’ recommendations to students in 2021 …
Appeal of the PBSA sector holds up
Property Week and Student Roost brought together a panel of industry experts to discuss the challenges facing the purpose-built student accommodation sector and the opportunities that have opened up this year …
Why real estate investors are turning to multifamily
Across the globe, residential properties are increasingly on the radar of investors.
Real estate investors are increasingly hunting for multifamily real estate, a sign of the broader pivot toward defensive strategies amid ongoing economic uncertainty.
Investment in all real estate sectors fell 44 percent in the third quarter of the year, compared to the same period in 2019, according to JLL. However, multifamily has fared better than most other sectors, with investment falling, but by 27 percent …
Student survey: 93% intend to stay at university
93% of students intend to stay on at university, despite Covid-19 challenges
New research reveals that although 2020 has seen significant challenges, students in the UK have adjusted well and intend to continue their university courses in January 2021
· Four in five students (81%) agree that although it is not how they expected their first year at university to be, they value their time there
· Almost three quarters of students say they’ve transitioned well to life at university this year (72%) with university peers, parents and universities themselves offering the most valued support
· The results overwhelmingly show that students are happy with the choices they’ve made: not to defer (81%) and to move away from home (82%) despite coronavirus
· However, challenges remain: 54% would still like to receive more support from their university
Student Roost moves into Bristol with PBSA and co-living scheme
Student Roost has bought two new sites for PBSA schemes in York and Bristol from Summix Capital …