Lewis Thomas’ Post

Australia has a significant undersupply of Purpose Built Student Accommodation (PBSA) but demand is higher than ever. CBRE’s Pacific Head of Research Sameer Chopra says, “Despite projections stock will increase by 19,000 beds acSameer Chopra7 and the Australian Government’s tightening of international student regulations, there will still be significant unmet demand, particularly in Sydney and Melbourne.” However, there is clear investor demand in the sector with PBSA assets performing well. CBRE Valuations Director Rosie Young says, "Student accommodation continues to perform well, with rentsRosie Young significantly across the market. Occupancy levels also remain strong, especially for those assets near a university campus or transport hub." Find out more about what’s impacting demand, supply and pricing in the PBSA market in the report: https://cbre.co/3WBPAce The report was created with insights from: Craig Godber, Izzy O'Hara, Tamba Carleton, Steph Harper, Tahir Khan, Holly ReeCraig GodberaRIzzy O'HarardTamba CarletononSteph HarperxLTahir KhanulHolly Reesult] and Alex Shaw. #TogetherCBRE

Reflecting and drawing a close to a very interesting week we've had the news on the accelerated July general election and like many others I've been up in Leeds attending #UKREiiF listening to clients, politicians and industry brains talk about what next for the property and construction sector. The key message for me has been about unlocking #potential of both the UK, our own #people fostering new talent and how to be more #productive. The #constructionsector contributes around 10% to GDP so we have a great opportunity to influence and lead the way. Hearing more about some great projects and programmes backed with central and local government plans this week has been interesting its great to have a plan and the technology but without the right combination of #culture #chemistry #colloboration and #capacity we won't realise our full potential as an industry. A big thanks to two of our own ISG graduates Kate and Kajal (pictured) who embraced the opportunity of representing #teamisg at UKREiiF and have taken so much away to implement within their own placements. #futuretalent 😀 #publicsector #frameworks #construction #fitout #partnership #productivity #government Mark Cesenek Philippa Lean Daniel Leigh Mike Kennedy-Gill Peter Allan

I'm excited to share some insights about the vibrant growth we're witnessing in the Purpose-Built Student Accommodation (PBSA) sector in the UK. This market is drawing substantial capital from investors globally, including significant interest from Singapore, the Middle East, and the US. 🔹 With a record-high student population and a substantial shortage of accommodation, vacancy rates are plummeting. The ability to annually adjust rents in today’s high inflation environment further solidifies PBSA as a highly attractive and reliable investment opportunity. Student housing will be a key discussion topic at the upcoming GRI Beds Europe 2024, welcoming an expert panel of industry players including Antonio Marin-Bataller (PATRIZIA AG Italia), Ioannis Verdelis (Vita Group), Irina Stamate-Rocha (Patron Capital), Justin Hamer (Basecamp Student), Matt Walker (Mapletree), Michael Fuller (Brookfield Asset Management), Nadine Buckland (Zenzic Capital), and Rob Waterhouse (GSA - Global Student Accommodation). Exclusive to GRI Club members, attracting those with AUM and capital at risk within BTR, Serviced Residential and Hospitality Assets, the event will be a unique networking environment fostering price discovery and opportunities to match product to capital. 🔗 Read more and enquire to join here: https://lnkd.in/d_SdMZfv #griclub #realestate #studentaccommodation #pbsa #investment

Leading agency Savills Australia’s latest Student Accommodation 2024 Report has revealed the resilience of Australia’s Purpose-Built Student Accommodation (PBSA) sector, despite the uncertainty of potential tertiary enrolment caps and ongoing feasibility issues. Demand for student beds will remain elevated in the face of looming legislative changes, according to Savills, with a more positive economic environment buoying investor confidence. Conal Newland Paul Savitz https://lnkd.in/euA4vBPE #Savills #PBSA #PropertyNews

Here’s your daily round-up of the latest news and views from EG. 🏫 Investment in the UK’s purpose-built student accommodation market helped activity in Europe’s broader residential markets to hit a two-year high during the second quarter of the year. Regional living investment leapt by almost 60% quarter-on-quarter and 17% year-on-year during the second-quarter to €13.9bn (£11.8bn), said JLL in a new report. The agency cited “renewed strength” in UK PBSA as one of the drivers. With €4.7bn invested, the UK accounted for a third of the regional total, up by 35% annually, followed by Germany at €3.1bn. 👨💻 Gary Neville’s Relentless Developments has signed a deal with global computing company Arm at its St Michael’s development in Manchester, the company's largest prelet yet and the biggest in the city for two years. Arm has agreed to take to take 68,860 sq ft of across floors three, four and five at No.1 St Michael’s. Neville said: “This perfectly sums up the momentum that’s rapidly building here at St Michael’s as construction continues at pace. We’re looking forward to welcoming the team from Arm and being part of their future plans for growth.” 🛍 The former House of Fraser department store in Guildford is up for sale for less than a third of what it changed hands for 15 years ago. Canada Life bought the seven-storey, 185,347 sq ft building at 105-111 High Street and 60-64 North Street from British Land for £31.5m in 2009. Now Green & Partners is marketing the site as a redevelopment opportunity for offers over £10m, reflecting a capital value of £53.95 per sq ft. 🗞 There's also news on the sale of the Exchange Buildings in Birmingham, a Kuwaiti-backed revamp of a City of London office, and a consultation kicking off for the UK’s first airport-based science, innovation and manufacturing campus. All this and more here. https://lnkd.in/eJjAhFXa

An impressive amount of capital is targeting the Purpose-Built Student Accommodation sector in the UK, attracting investor interest from across the world, including Singapore, the Middle East, and the US. 🔹 The substantial shortage of supply to accommodate the record-high and growing student population is pushing vacancy rates down, while the ability to annually adjust rents - especially crucial in the current high inflation environment - is positioning PBSA as one of the most attractive and reliable sectors for investors in the UK. And the forecast is better yet, with expectations for PBSA to gain further market share as HMOs (houses in multiple occupation) dwindle. Student housing will be a key discussion topic at the upcoming GRI Beds Europe 2024, welcoming an expert panel of industry players including Antonio Marin-Bataller (PATRIZIA AG Italia), Ioannis Verdelis (Vita Group), Irina Stamate-Rocha (Patron Capital), Justin Hamer (Basecamp Student), Matt Walker (Mapletree), Michael Fuller (Brookfield Asset Management), Nadine Buckland (Zenzic Capital), and Rob Waterhouse (GSA - Global Student Accommodation). 🔹 Exclusive to GRI Club members, attracting those with AUM and capital at risk within BTR, Serviced Residential and Hospitality Assets, the event will be a unique networking environment fostering price discovery and opportunities to match product to capital. 🔗 Read more and enquire to join here: https://lnkd.in/d_SdMZfv #griclub #realestate #studentaccommodation #pbsa #investment

The Purpose-Built Student Accommodation (PBSA) sector in Europe is increasingly becoming a prime investment opportunity. With declining interest rates and a growing student population, #PBSA shows strong fundamentals and rental growth potential. High occupancy rates and the resilience of this sector make it an attractive option for those looking for long-term investment. To gain deeper insights into this trend and explore the opportunities it presents, read our latest report: https://lnkd.in/dxc4g72D #StudentHousing

The Purpose-Built Student Accommodation (PBSA) sector in Europe is increasingly becoming a prime investment opportunity. With declining interest rates and a growing student population, #PBSA shows strong fundamentals and rental growth potential. High occupancy rates and the resilience of this sector make it an attractive option for those looking for long-term investment. To gain deeper insights into this trend and explore the opportunities it presents, read our latest report: https://cbre.co/3OuJTcu #StudentHousing

An interesting read for those who are looking to invest in UK Real Estate. Trends show how the undersupply of PBSA means demand for asset development will continue to remain strong. #trowershousing #PBSA #BLME #overseasinvestors #livingsectors

The Purpose-Built Student Accommodation (PBSA) sector in Europe is increasingly becoming a prime investment opportunity. With declining interest rates and a growing student population, #PBSA shows strong fundamentals and rental growth potential. High occupancy rates and the resilience of this sector make it an attractive option for those looking for long-term investment. To gain deeper insights into this trend and explore the opportunities it presents, read our latest report: https://cbre.co/3UYxxwU #StudentHousing