UK’s regional cities record strong PBSA supply growth
New research by the UK’s largest student accommodation search platform – StuRents – shows that Liverpool’s Purpose-Built Student Accommodation (PBSA) bed supply has increased by 1,544 in the 2021-22 academic year to date – a 5.8% uplift year-on- year. The North West has also seen Manchester attract 1,095 beds.
Swansea, Wales has also seen a regional uplift by 1,481 beds, Nottingham in the East Midlands by 1,362 beds, Lincoln by 1,176 beds and Sheffield in South Yorkshire by 1,351 beds.
Following a difficult year for the student accommodation sector – with travel and teaching restrictions imposed by the Covid-19 pandemic impacting student attendance, the pipeline in the UK shows the PBSA sector continues to attract investment. While London maintains the largest pipeline of 14,235 student beds, the pipeline for Nottingham is 7,827, Bristol is 6,499, Leeds is 5,943 and Manchester is 5,578. Figures show the healthy pipelines – and ensures the PBSA offering in regional hubs continues to grow …