Taking a look at the amenities currently on offer across purpose-built student housing accommodation schemes (PBSA) in Europe, it swiftly becomes clear that there remains a gap in the market for new developments that better meet the needs of today’s growing student populations.
Across Europe, and especially in the south, many cities are facing strong demand for housing from international students, but often what limited accommodation is available is dated and doesn’t live up to students’ expectations.
This may come as a surprise, particularly to those in the UK, given there has been much media coverage of ‘luxury’ student housing schemes, with facilities akin to those in five-star hotels. But the reality is that these PBSA projects – attention grabbing as they are - are few and far between and almost unheard of in less mature PBSA markets.
Our analysis of current accommodation from across Europe’s 17 top markets, using data from StudentMarketing, bears this out, showing just how limited the existing offer is (see graph below).