1、UK STUDENT ACCOMMODATION REPORT2023HEADLINESDEMANDINVESTMENTAFFORDABILITYSUPPLYTHERE WERE A RECORD 2023/24 IS THE HIGHEST YEAR FOR RENTAL GROWTH AT(PRIVATE SECTOR 9.39%)8.02%FULL-TIME STUDENTS STUDYING AT UK HIGHER EDUCATION PROVIDERS IN 2021/22(HESA)NATIONAL AVERAGE STUDENT TO BED RATIO STANDS AT S

2、TUDENTS SINCE 2013/14STUDENTS BY 2030THE NATIONAL DEMAND POOL FOR ACCOMMODATION HAS INCREASED BY CUSHMAN&WAKEFIELDS FORECASTING SHOWS THAT MARKET HEADROOM HAS THE POTENTIAL TO GROW BY A FURTHER 2.2MINVESTMENT VOLUMES IN THE UK PBSA SECTOR REACHED A RECORD IN 20227.4BN 2023 YEAR-TO-DATE VOLUMES CURRE

3、NTLY STAND AT COMPARED TO IN 20221.5BN 3.4BN THE AVERAGE SCOTTISH STUDENT WILL RECEIVE AROUND MORE IN FINANCIAL SUPPORT THAN AN ENGLISH STUDENT IN 2023/2428%CUSHMAN&WAKEFIELD PROJECTS TOTAL YEAR END VOLUMES FOR 2023 TO TOTAL 2.5BN TO 3BN NUMBER OF NEW BEDS BEING DELIVERED CURRENTLY STANDS AT ONLY 1%

4、PER YEARSOCIAL AND AMENITY SPACES IN NEW SCHEMES HAS INCREASED IN SIZE BY NEARLY 50%SINCE 2018/192.1:1294,000243,000THERE ARE CURRENTLYBEDS IN THE DEVELOPMENT PIPELINE NATIONALLY,OF WHICH OVER 74,000 HAVE BEEN APPROVED(57%)131,211 CARDIFF IS CURRENTLY THE MOST AFFORDABLE STUDENT LOCATION IN THE UKTH

5、E HIGHEST PRIVATE SECTOR RENTAL GROWTH WAS SEEN IN GLASGOW AT OVERTHE AVERAGE WEEKLY PRIVATE SECTOR RENT(EXC LONDON)STANDS AT BRISTOL HAS SEEN THE HIGHEST RATE OF PRIVATE SECTOR RENTAL GROWTH SINCE 2013/14 AT ALMOST50%THE AVERAGE UNIVERSITY RENT STANDS AT19%NET INCREASE IN BEDS FOR 2023/24 STANDS AT

6、 JUST8,760 BEDS2023/24 ENTRY DATA SHOWS A SEVEN LOCATIONS ARE NOW HOME TO MORE THAN2%FALL IN ACCEPTANCES15,000INTERNATIONAL STUDENTSDEMAND VS SUPPLY174.45158.5796%NATIONALLY,THE DEMAND POOL FOR ACCOMMODATION NOW STANDS AT JUST UNDEROVER1.5MOF STUDENTS REQUIRE A BED DURING THEIR COURSE OF STUDY,ACROS