Why Student Accommodation
Why do we specialise in student accommodation?
“HUGE DEMAND FOR HIGHER EDUCATION GLOBALLY…
Global student mobility has risen by 6% p.a. over 15 years, primarily from a growing middle class in the Far East (53%) and from a general increase in domestic mobility.
Government sponsorship and support for higher education is also growing. University education is a leading driver of economic expansion and, almost without exception, global growth in higher education is underpinned by government policy.
This unprecedented growth in participation in higher education is forecast to continue around the globe.
…BUT STUDENT ACCOMMODATION IS STRUCTURALLY UNDERSUPPLIED”
Parents and students are driving demand for a better quality of accommodation. They want safe places with good amenities and a sense of community, with Universities increasingly relying on the private sector to supply accommodation.
Undersupply is rising through the growth in student numbers and the removal of old stock that no longer meets the expectations of parents and students.