This week saw yet again several interesting developments and stories in the student accommodation sector, read our round-up here:
Loughborough receives top ranking for quality of student life - including student accommodation
The Telegraph reports that Loughborough Unviersity, one of our partner institutions, ranks number one for quality of student life. The survey was run by Lloyds Bank and includes all UK universities. Aside from overall satisfaction, employment, salary on graduation etc. the report also considers data on costs for student accommodation. So congratulations to Loughborough! Most of the other top thirty universities also work with the Pad Group and have their own Studentpad site as part of their accommodation services.
London's Most Exclusive Luxury Student Accommodation aims for foreign students
International students remain one of the most important customer groups in the area of luxury student housing. Especially in London several companies and hall operators specialise in providing over-the-top properties that offer rooms in exclusive locations with HD TVs, gyms, four poster beds, and even free laundry. The London Evening Standard has a report with insights into some of the most expensive and luxurious student digs in the capital, with rents of up to £2,500 per month. This is a development emerging for a while now but receding numbers of international students (applications went down the first time last year) may slow down the trend.
£100m Student accommodation plans for Bournemouth and Portsmouth
Developer McAleer & Rushe will build new student accommodation for Knightsbridge Student Housing in both cities and create over 1,600 new student beds in total (read more here). The scheme will combine both the conversion of existing, currently vacant buildings and construction of new purpose built properties. Work could start in 2015 and the devleopes would like to complete the project in 2017.
Student chooses to live in customised boat as student accommodation in London
This story is a bit older but still goes around in student accommodation news: Leicestershire parents have bought their undergraduate a customised boat that will serve her as student accommodation while studying in London. Their main motivation was to avoid the increasing costs for student housing in the capital which is on average £250 per week. This shows how competitive the market has become and the demand for affordable housing options in on the rise.