GSA set to bring micro-living student model to UK market
Student accommodation specialist plans to launch the concept in conversions and new-builds in London …
Empiric Student cost-cutting drive boosts earnings
Empiric Student Properties has reported strong growth in earnings thanks to rental growth, higher occupancy and a cost-cutting drive.
The company, which parted company with its former chief executive Paul Hadaway in 2017 after identifying “a number of financial and operational inefficiencies”, reported 72% growth in adjusted earnings per share in full-year results …
Flexible workspace provider takes 32,000 sq ft office in Student scheme: Bournemouth
A flexible workspace provider has agreed to lease a 32,000 sq ft office space in Bournemouth.
Oxford Point is a 486-bedroom purpose-built student accommodation building with new office space across three floors with a separate entrance.
The office space was acquired by Europa Generation, a joint venture between Europa Capital and Generation Student, on behalf of the Europa Generation Student Fund as part of a portfolio from Watkin Jones Group in June 2017 …
‘No water and rodents’ among student housing gripes: UK
A third of UK students have gone without heating or running water in their properties, a survey has suggested.
The state of accommodation is among a list of 10 biggest concerns among young tenants, the survey of 2,196 students by website Save the Student suggests.
But noisy housemates remains the biggest gripe in the annual survey.
It also highlights concerns about the cost of living away from home for the first time …
Empiric appoints Avis to board as Alston quits: UK
Empiric Student Property has appointed Alice Avis as a non-executive director with immediate effect.
She will also join the remuneration committee with effect from the same date …
The Future of PBSA: Investments in a Changing European Landscape
For a number of years sovereign wealth funds (SWFs) and institutional investors have been front and centre in the drive and development of purpose built student accommodation (PBSA) across the UK and EU …
Could changes in university funding limit student places?: UK
Universities will have to offer fewer places if cuts in tuition fees are not replaced by government money, say leading research universities.
A funding review of post 18 study is expected to be published next month.
The Russell Group, and seven charities, want ministers to rule out an overall drop in funding …
Select Property mulls sale of £500m student digs portfolio: UK
Company seeking an investment partner for its Vita business but could sell off all or some of its 15 assets …
1 in 5 parents subsidise children at university by over £400 a month: UK
More than one in five parents (21%) subsidise their children’s studies at university by over £400 a month, with 55% giving more than £200 a month; 56% say this is unaffordable.
The survey of 100 parents with children at university was conducted by the Scholarship Hub, an online database of UK scholarships and bursaries.
82% of parents say that maintenance loans do not cover students’ living costs adequately, which is forcing them to step in …
Can universities be masters of their post-Brexit destiny? – Europe
The post-March 2019 relationship between the United Kingdom and the European Union is no clearer and the uncertainty has now affected all sectors of higher education activity. The resources spent by UK organisations strategising for all possible scenarios will have long-term implications, whatever the final outcome, because prioritising resources towards this end comes at the expense of other areas.
On the EU side, the potential impact is less for universities based in an EU member state because all the programmes which UK universities are hoping to access will continue (for instance, Horizon 2020 and its successor Horizon Europe) minus, at worst, the participation of British institutions, many of which are competitors with a highly successful track record of winning EU research funding …