Student Accommodation: The State of the Nation in 2024 - By Martin Blakey,

There will be a lot more coming out the woodwork over the next year as international recruitment stalls and fails to act as a stop-gap for what could be called a failing of the Government to change or amend its funding of higher education in the context of a period affected by COVID and very high and sudden inflation. [...] The rate of rental increase between 2021 and 2022 in Nottingham was 15.5%, higher than the 14.7% rise in Leeds, the 6.7% rise in Liverpool and the 10.2% rise in Sheffield. [...] One of the main outcomes of this risk management is a reduction in innovation and higher rents being charged by the private sector to cover the risks of volatility in demand. [...] If the use of university land was part of any arrangement, then the university and developer could reflect that in a longer term equity share with the university having first right of purchase on any planned disposal at the end of the term of the partnership. [...] 10 February 2024 Conclusion The current slowdown in PBSA development and the uncertainties inherent in the continuing long-term supply of off-street houses allow developers and educational institutions a couple of years to get to grips with affordability and new partnerships as well as to become much more knowledgeable about local accommodation supply and demand.