Strategy development -residential estate

Student accommodation

  • We understand how important appropriate provision of accommodation is. Students (and particularly their parents) are increasingly demanding.

  • First year accommodation guarantees are routine.

  • Affordability is of increasing importance.

  • Cost and nature of returning student accommodation now under scrutiny.

  • Increasing planning issues with e.g. Article 4 directions and other planning hurdles.

  • Universities seeking innovative solutions to keep debt off balance sheets

Strategy development

Current situation

  • Understand current quantity, quality, price.

  • HESA data analysis of term time data.

  • Mapping of locations.

  • Market conditions.

  • Competitor provisions and prices.

Demand and change

  • Projected future numbers.

  • Strategy for provision for first years and returning students.

  • Nature of provision.

  • Private sector provision and pipeline.

  • Understand University financial position and objectives.

Options and actions

  • Understand impacts of strategy.

  • Project future demand.

  • Identify University strategy regarding provision.

  • Determine best fit for provision:

      • Own delivery,

      • 3rd party leases,

      • DBFO.

Methodology

How we work

  • We develop a methodology for the residential accommodation strategy that will work for you.

  • We will spend time to adapt our methodology to meet your needs; only doing what is needed to deliver for you.

  • We spend time to understand the University’s estate and to build a detailed assessment of it.

Collaborative approach

  • We would work with you so that the strategy is yours, and that we are there to help to develop it with you.

Results

  • We will tailor our output to meet your specific needs, and present it to any relevant boards.

  • Our aim is to help you to deliver on your needs, and part of our strategy will be to develop a timescale to implementation.

  • We understand the criticality of accommodation provision so will work to ensure you get what you need.