Cushman & Wakefield RETHINKING: The Shape Of Real Estate 2040

North and South American numbers are also expected to remain static as lower levels of population growth and strong competition from US institutions limits numbers coming to the UK. It is important to note that this projection assumes that the current shortfall in supply of student accommodation persists going forward. That is to say, the trajectory forecasted here is what is required to maintain a student to bed ratio of 2.1:1 - a chronic under supply. Therefore, there remains a significant upside in requirements particularly in the short to medium-term. Therefore there remains a significant upside in requirements particularly in the short-medium term. Additional factors which will influence the demand for student accommodation going forward but are beyond the scope of this forecast include changes to visa and migration requirements, government support for apprenticeships, tuition fees, maintenance loans needing to increase with PBSA rent levels and inflation, potential rent caps and planning regulations limiting supply.

EU-domiciled student numbers are expected to remain flat at their current level, with lasting impacts from Brexit and lower local tuition fees restricting growth, along with gradually ageing populations.

RETHINKING: THE SHAPE OF REAL ESTATE IN THE UK

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CUSHMAN & WAKEFIELD

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