Hobson’s choice for students across Europe
Investors and developers across the United Kingdom and continental Europe are taking advantage of the increased demand for student accommodation, as evidenced by the accelerating transaction activity in the sector. Generally, more students are going into higher education, largely as a result of the poor jobs market for school leavers, and more students are choosing to move away from their home town and require somewhere to live.
“The significant imbalance between student housing supply and demand across the United Kingdom and [continental] Europe highlights the growing number of full-time students who cannot access purpose-built, full-time student residences,” says Marcus Roberts, head of student housing at Savills. It is expected that the stratification between supply and demand in the student housing sector will ease from 2015–2016, as the development time for new properties generally takes between