Student Roost roundtable: PBSA on course for UK growth
Student Roost and Property Week assembled a panel of experts to discuss the key issues, challenges and growth opportunities for purpose-built student accommodation in the UK …
Demographic Shifts: The World in 2030
We are entering a decade of seismic demographic change.
The retirement of 693 million Baby Boomers and the debut of 1.3 billion Generation Z workers entering the labor force over the next ten years has major implications for real estate occupiers, investors and policy-makers around the world.
Cushman & Wakefield’s Demographics Report extends a global viewpoint and takes the perspectives of both occupiers and investors to identify opportunities and challenges that will be encountered by 2030, and analyzes four key issues.
- The aging of Baby Boomers
- The progression of Millennials
- The difference between Generation Z and Millennials
- The impacts on the world’s cities …
Drop-out rates rise at two-thirds of universities, new analysis reveals
Student drop-out rates have risen at two-thirds of UK universities and colleges since 2011/12, a new study has found.
The analysis from the Press Association revealed that, from 2011/12 to 2016/17, 100 higher education institutions recorded a rise in the proportion of students dropping out after their first year of study.
It found that the drop-out rates fell at 31% of institutions and remained unchanged at just four universities and colleges …
Knight Frank: Majority of students satisfied with their PBSA
The majority (78%) of students living in purpose-built student accommodation (PBSA) are satisfied with their accommodation, the UK Student Accommodation Survey has found.
The survey from Knight Frank and UCAS showed 75% of students living in private PBSA would recommend their accommodation to new students, up from 69% last year.
However, the most commonly cited reason for dissatisfaction among students living in privately operated PBSA related to it not being value for money …
Manchester looks to put brake on co-living developments
Manchester’s political leaders are being urged to place strict controls on the number of co-living schemes approved in the city until a proper policy can be developed for the housing model.
A report to a meeting of the city council’s executive this week argues that purpose-built and professionally managed shared-housing developments could be detrimental to the city’s housing market and the authority’s finances – and questions the demand for them.
Strategic director for growth and development Eddie Smith said there were solid grounds for supporting co-living developments in only “a very limited number of places, in restricted amounts, within the city centre” and where developers could robustly evidence need …
Funds need to get smart: Why the future is in residential, not retail, assets
Austrian-born architect Victor Gruen is widely recognised as the father of the modern shopping centre, designing the first purpose-built outside shopping mall called Northland Mall near Detroit in 1954.
The post-war economic boom allied to the rapid rise in consumerism saw shopping centres become a global phenomenon. Such was the success of the Austrian-designed, American-born shopping centre that it is said that while Gruen tried to make America more like his hometown of Vienna, he ended up making Vienna more like America.
But, times have changed. Over the last decade or so, physical bricks and mortar retail in the UK has become distressed, with online shopping certainly playing its part. High street name after high street name has fallen into administration over that time as shoppers swapped the queues for shopping on their smartphones …
Russell Group universities unite to tackle climate crisis
The Russell Group universities in the United Kingdom have pledged to tackle climate change through research, teaching and more sustainable practices. In a joint statement released last Tuesday, they said the “global environmental and ecosystem challenges are urgent and real”, reports Study International …
Why 2020 could be a strong year for the UK’s PBSA sector
A new student housing report from global real estate firm JLL has revealed that the outlook for UK PBSA (purpose-built student accommodation) is positive, with strong occupier demand forecasts set to attract continued investor interest in the sector
However, challenges remain as a fall in construction levels and rent affordability are impacting development activity.
With rising demand for higher education, JLL predicts that full-time student numbers will rise by a further half a million by 2030. As such, PBSA has become a lucrative ticket for real estate investment and, according to the company’s Student Housing Report, investor appetite remains robust due to its defensive, income-producing characteristics …
UK Student Accommodation Report 2019/20 – Cushman & Wakefield
The Student Accommodation Annual Report 2019 provides a unique insight into the trends in demand, supply and investment during the sector’s year to date.
Headlines include:
- 87% of all new beds delivered by private sector providers, the joint highest proportion on record
- Demand for student accommodation continues to rise around 30% faster than number of beds developed
- 114,000 Purpose Built Student Accommodation (PBSA) beds in the pipeline, two thirds have full planning approval
- Deals worth £2.5 billion transacted by end of October 2019 with a further £2 billion under offer
2019 End of Cycle Report – UCAS
The UCAS End of Cycle Report 2019 is the first national overview of demand for, and acceptances to, undergraduate UK higher education (HE) for the 2019 admissions cycle.
The End of Cycle Report provides independent in-depth analysis and insight about who’s applying and being accepted into full-time undergraduate higher education. As in previous years, UCAS is publishing the End of Cycle Report in several chapters, throughout November, December and January. Detailed insight on a specific topic is published on each date, accompanied by several chapters of additional reporting.
The End of Cycle Report is accompanied by the release of accompanying data resources, presented in an interactive dashboard, allowing users to visualise and tailor the reporting to their own specifications. These data sets are also available in files which are free to access and reuse …