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Student Housing: A Niche With Growth Potential

France Architecture News - Mar 15, 2016 - 17:07   6054 views

Student Housing: A Niche With Growth Potential

Student Housing in the real estate is a new hot topic for young generation, which was discussed at MIPIM 2016. 'Student Housing: A Niche With Growth Potential' session has focused on the future developments of student housing in Asia, Germany and in other countries. Until recently student housing operated in something of a bubble as a stable and relatively straightforward asset class. However, the increasingly sophisticated student customer now expects an accommodation 'experience' that includes amazing facilities and service as standard.

The session has presented important speakers including Nathan Goddard is Vice President, Real Estate at Student.com, James S. Lee, CRE is Senior Principal and co-founder of Kensington Realty Advisors, Inc., Horst Lieder, Lawyer, Victor Lor is responsible for the overall leadership and strategic direction of the Asia Pacific Investment Management business, Alexandra is a strategist (moderator). To design 50m2 -partially furnitured units in Hamburg becomes very powerful model for the young professionals, which created more affordable houses. Experts say that 'students need bigger spaces' for their future' and they should feel like in their homes'

The operational similarities with multifamily / private rented sector (PRS), and those increased customer expectations have seen the globalised student sector become a 'gateway' to wider residential investment. Many established student operators are also exploring the opportunities in the new asset class emerging around Build to Rent / PRS.

In this panel, many experts and developers explained their insights from across different global markets and explore hot topics around the rapidly evolving student sector including the provision of amenities, delivering suitable stock to meet growing demand and how to address the sensitive cultural preferences around longer-term rent vs ownership.

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