Purpose-built student accommodation welcomed by Exeter Council as universities become reliant on accommodation providers for expansion

Purpose-built student accommodation welcomed by Exeter Council as universities become reliant on accommodation providers for expansion

United Kingdom

Growing student population

During the last academic year, 2015/16, Exeter University had 17,425 students at an undergraduate level. A 7% increase from the year before and a significant 24% increase just 5 years previous. With the student population rising at such speed, the city has had to adapt in order to house its newest residents.


PBSA welcomed by local councils

Purpose-built student accommodation (PBSA) has become an integral part of this process. Karime Hassan, the chief executive of Exeter City Council, recently explained how PBSA is an area which is defining the city. He explained that,

“The council currently has a policy of encouraging PBSA for a variety of reasons. It means more money for the community, frees up more alternative accommodation for families, helps manage the need for student parking and often turn properties that have little chance of alternative regeneration see new life.”


University expansion reliant on PBSA

Exeter University has now joined forces with nearby Falmouth University which is applying to raise the student cap from its present 5,000 enrolled students – a condition attached when the Penryn campus was developed in 2009 – to 7,500 students by 2025.

Peter Cox of Falmouth University described the plan as a “stepped approach” which would only allow more students once accommodation was available for them.

However, having met to discuss the proposal just last week, Cornwall Council’s strategic planning committee have deferred a decision until additional details are provided. Councillor Webber confirmed that “further information on purpose built accommodation figures to improve the situation in Falmouth” would be required before anything is finalised, highlighting its importance in today’s student accommodation sector.


PBSA to become the primary accommodation choice

Heriberto Cuanalo, CEO of luxury student accommodation provider Collegiate AC, which already operates PBSA sites in Exeter, comments,

“2017 will see PBSA continue to flourish, becoming the primary accommodation choice in a growing number of UK university towns and cities. And the city of Exeter is leading the way by embracing this change and answering the growing demand from both the student population and local councils.

“With three premier sites in the city already, and another new residence to be announced imminently, Collegiate AC are proud to lead the way in such a transformation and look forward to welcoming Exeter’s undergrads to the superior student lifestyle our properties provide.”


What PBSA is available in Exeter?

Hot off the press is Collegiate AC’s newest addition to its PBSA offerings in Exeter, Clifton Place. A community comprised of six bedroom townhouses, two and three bedroom apartments and individual studios. With prices starting from £153 a week, residents will have access to a communal gym, private cinema room, and a student lounge and games room. Bookings will be available soon for September 2017.

An existing, and extremely popular, residence in Exeter is Picturehouse Apartments. Just a five-minute walk from Exeter city centre, Picturehouse Apartments are ideal for both individuals and friends. With CCTV, secure electronic entry, on-site concierge and 24-hour on-call support, these secure properties are both beautiful and fully functional.

From £122 a week, and with a range of contemporary studio, two, three and five bed apartments, Picturehouse also offers additional facilities that include a private on-site gym, games and reading rooms, in-house cinema and free high-speed broadband and Wi-Fi.

For more information, contact Collegiate on +44 1235 250 140 or visit www.collegiate-ac.com.

Collegiate AC aid Durham University’s Sustainable Travel Plan with new student bus service

Collegiate AC aid Durham University’s Sustainable Travel Plan with new student bus service

United Kingdom
  • Durham University committed to promoting use of sustainable modes of travel
  • University student bus service to encompass Ernest Place, Collegiate AC’s new Durham residence
  • I’m excited to work with the University to help it achieve its environmental goals“ (Collegiate AC)

Protecting the environment is a key focus for all and many higher education institutions are supporting the cause with green schemes.

Durham University’s Environment Team, known as ‘Greenspace’, is one such organisation that promotes and coordinates environmental initiatives.

Greenspace’s latest scheme, the Sustainable Travel Plan (STP), underlines the University’s commitment to reduce the use of private cars, to utilise existing facilities in order to meet travel demands and to promote the use of more sustainable modes of travel.

As part of this STP, a new cross city bus service will be launched in 2017, linking all colleges and academic departments from July. Working alongside Collegiate AC, the leading provider of luxury student accommodation in the UK, the service will enable students and staff to travel from their accommodation to the University, with the aim of reducing the number of cars.

Starting its route at Collegiate AC’s newest Durham residence, Ernest Place, the bus will travel along Sunderland Road, Claypath and New Elvet stopping near Hild Bede College, The Market Place, Elvet Riverside, Science Site and turning around at Josephine Butler College. This will deliver residents of Ernest Place to the Science site in around 9 minutes and will be open to all staff and students as well as the general public. It is due to start service in July this year.

Heriberto Cuanalo, CEO of Collegiate AC, is delighted to participate in one of the University’s green schemes and believes the new bus service will benefit students, staff and the local environment. He explains,

“Collegiate AC is dedicated to providing students with the highest level of service, alongside exceptional accommodation facilities, and residents of Ernest Place will now have the opportunity to travel from home to campus and back again on the new bus route. We have been working with our local partners BillFreeHomes in order to get the right route and the right operator, we have partnered with Scarlett Band who also run the council’s Park and Ride services.”

“With the intention of expanding their green strategy, the University is confident this bus route will become a positive addition to their STP. I’m excited to work with the University to help it achieve its environmental goals and look forward to being a part of this latest scheme.”

Set in the heart of Gilesgate, Ernest Place is just 10 minutes away from Durham’s vibrant centre. Boasting groundbreaking features throughout such as a private sauna, glass walled sky lounge and resident’s fitness suite, this exclusive complex of 5 and 6 bed apartments and individual studios will ensure your university experience is an unforgettable one.

From £125 per week residents benefit from 24 hour concierge, can work in the dedicated contemporary study areas, unwind and sip a cocktail on the roof terrace while over-looking the city, or host their very own dinner party in the beautifully designed dinner party room.

To get away from it all residents can simply drift away in a luxurious bedroom with double bed and en-suite shower room, stream the latest shows on their own 32” flat screen TV, or whip up a feast in their very own kitchen, complete with Corian worktop. A brand new building inside and out, Ernest Place is reserved for those who accept only the best.

For more information, visit www.collegiate-ac.com or contact Collegiate AC on 01235 250 140.

Students kick-start a healthy 2017 with cooking and cardio

Students kick-start a healthy 2017 with cooking and cardio

Uncategorized
  • Most popular 2017 resolution is to achieve a healthier lifestyle (American Express)
  • Third of Brits set goals to exercise more and 30% plan to eat better (American Express)
  • Free fitness, dance and “get fit after Christmas” sessions in state-of-the-art gyms available at Collegiate AC accommodation

According to new research from American Express the most popular New Year’s resolution set for 2017 was to achieve a healthier lifestyle, with a third of Brits setting goals to exercise more and a further 30% planning to eat better.

Amongst the health conscious are today’s students, eager to achieve both their health and academic goals in order to make the most of their university experience. With increasing pressure to attain top grades, a well-balanced body, mind and soul is becoming essential for students, at any level of study.

Providing students with the facilities essential for maintaining a healthier lifestyle, Collegiate AC the leading provider of luxury student accommodation in the UK, installs high-tech kitchen appliances to give their residents the opportunity to cook meals from scratch.

And with tea and coffee prepared at the start of each day by the 24/7 concierge at the Nova residence in Nottingham, students are able to get ready for a day of lectures with ease.

Collegiate’s Saxon Court property in Reading also benefits from an exclusive dinner party room to host friends and put their healthy cooking skills to the test, providing a fun and relaxing evening in.

As well as altering food options, many New Year’s resolutions begin with a trip to the gym. To inspire students to make time for a fitness regime, regardless of skill level, most Collegiate AC residences offer on-site gym facilities, including Water Lane Apartments in Bristol, Nova in Nottingham and Gateway Apartments in Edinburgh.

In Newcastle, Plummer House provide classes such as Dance, Bootcamp and spinning classes all included with the rate.

Heriberto Cuanalo, CEO of Collegiate AC, explains the advantages of having additional facilities available onsite that enhance a balanced lifestyle,

“Many of our residents have said that the range of additional facilities available in our properties enhances their student experience and provides them with the tools they need to lead a healthy lifestyle. Whether it is using the space to experiment in the kitchen, working up a sweat in the gym or letting off steam by exchanging stories in the common room, we believe that these aspects are of key importance.

“This is especially important after the Christmas break when getting back into the routine of healthy eating and exercising before January exams is important. At Collegiate AC, we take into careful consideration exactly what students need and for instance at Fusion Tower, Bristol, we have an onsite personal trainer that has arranged ‘get fit after Christmas’ group sessions in the on-site state-of-the-art gym.”

Evidence shows, according to findings by mobile health and fitness company HealthifyMe, approximately 82% of people didn’t stick to their New Year’s fitness resolution for more than a week on the app in 2016. It is crucial therefore that your surroundings help motivate your goals and Collegiate AC are the perfect accommodation for focused and well-rounded student-living.

Fusion Tower is a fine example of facilities that help maintain a balanced lifestyle. On-site facilities include a cinema, private gym, club lounge and a resident’s bar as well as a choice of generously-sized rooms, along with high-speed broadband, Wi-Fi and 24-hour security and CCTV.

From £134 per week, Fusion Tower has an incredible city-centre location, perfect for enjoying the wealth of culture and entertainment that Bristol has to offer, with a range of accommodation available from studios to five-bed apartments.

For more information, visit www.collegiate-ac.com or contact Collegiate AC on 01235 250 140.

5 fitness-friendly homes to kick start your New Year’s resolution

5 fitness-friendly homes to kick start your New Year’s resolution

World , , , ,

2017 is here and it’s time to put those New Year’s resolutions into action. And as with every other January, many of us have pledged to get fit and healthy this year.

From student digs to million pound pads, and the very best interior design to entice you to exercise, an on-site gym is the must have motivation for 2017 in order to stick to that new fitness regime!

Here are 5 of the best homes here and abroad with on-site gyms and sporting facilities:

 

  1. Hoola, Royal Docks, London

Available from £450,000, the Hoola studio, two, and three-bedroom apartments, boasting stunning glass balconies as well as floor-to-ceiling windows, benefit from a range of onsite facilities including a gym, resident’s business lounge and concierge.

A spectacular garden is available to all residents with soft and hard landscaping that includes semi-miniature trees and dramatic water features making it the ideal home to hit the gym before or after work then relax and rejuvenate in the stunning gardens.

  1. Fusion Tower, Bristol

Providing exceptional student accommodation, Fusion Tower enjoys an incredible location within Bristol’s city centre. Offering elegant and innovative student apartments, Fusion Tower has been designed by a team of leading architects, interior and graphic designers.

On-site facilities include a private gym which provides Bootcamp, Dance and spinning classes to make sure that students are kept on track with for fitness goals, all included in the £134 per week rate.

 

  1. Whitelands, St Georges Hill, Surrey

The award-winning Alexander James Interior Design architecture team redesigned the basement of this stunning 6 bed, 5 bath property to appeal to any fitness fan.

The grand 14,500 sq ft property, located on one of Surrey’s most premier private estates benefits from a hydraulic swimming pool, dedicated vitality spa and gymnasium designed and dressed by Alexander James Interior Design.

And for those that want to take their training on vacation, homes in Spain with outdoor and indoor fitness activities can help ease the January blues.

 

  1. Marbella, Costa del Sol, Spain

This stunning unique 10-bedroom villa located within the super exclusive gated community of La Zagaleta on the Costa del Sol features a fabulous spa on the ground floor with saltwater swimming pool and choice of saunas (classic, steam bath, salt bath, caldarium), all with access to a large covered terrace and Jacuzzi. The second floor also houses a separate gym for those who want a more intense, private workout.

 

  1. Horizon Golf, Mijas, Costa del Sol, Spain

As well as the three 18-hole golf courses, hydrotherapy centre and spa on site, the exclusive apartments of Horizon Golf also enjoy access to the golf school (La Cala Golf Academy) and an array of sports facilities including two running circuits and specialised trainers on hand to improve technique.

From just €270,000 +VAT for an apartment, residents of these exclusive properties will enjoy breathtaking view of the prestigious golf course and the Costa del Sol’s sun kissed coastline, spacious terraces perfect for al fresco dining and the convenience of a private garage space.

 

For more information, please contact:

  1. Hoola, London: Properties of the World: http://propertiesoftheworld.co.uk/ or call +44 20 7624 5555
  2. Fusion Tower, Bristol: Collegiate AC: www.collegiate-ac.com or call 01235 250 140
  3. Whitelands, Surrey: Alexander James Interior Design: www.aji.co.uk or call 020 7887 7604
  4. La Zagaleta villa, Spain: visit www.kyero.com
  5. Horizon Golf, Spain: Taylor Wimpey España: 08000 121 020, +34 971 706 972 or http://taylorwimpeyspain.com
UK planning the main barrier to development of affordable student accommodation schemes

UK planning the main barrier to development of affordable student accommodation schemes

United Kingdom
  • Collegiate AC lays out vision for the future of UK student accommodation
  • University funding cuts and student grants mean new solutions required
  • Planning regulations pose greatest threat to affordable student housing

Luxury student accommodation provider Collegiate AC has laid out its vision of a future where high quality student housing is available for all.

Universities and students have faced a number of financial challenges in recent years. The 2014/15 academic year saw university teaching budgets slashed by almost 6% as the Higher Education Funding Council for England sought to reduce costs.

This year, students themselves have been hit in the pocket by the government’s scrapping of maintenance grants. With universities able to raise their tuition fees above the rate of inflation from 2017/18, students’ ability to afford their education doesn’t look set to get any easier anytime soon.

How, then, is a company known for providing high-end accommodation seeking to create a more affordable university accommodation landscape for all?

Collegiate CEO Heriberto Cuanalo comments,

“Higher education is increasingly important and increasingly expensive, creating serious challenges for many of our young people. One of those challenges is about choice and affordability of high quality student housing. Collegiate delivers market-leading assets that set high standards for the student experience, and we see the development of greater choice in the marketplace as a positive factor.

“However, we’re also working with individual universities to enable them to implement some of our class-leading designs into university projects, helping to develop more affordable beds through refurbishment and upgrade programmes.”

Cuanalo himself has seen university accommodation from all angles, completing an undergraduate degree and later a postgraduate degree, by which time he was working alongside his studies to pay his tuition fees, cover his rent and feed and clothe his three young children. Those children have now themselves attended university, while Cuanalo has worked as a university lecturer. He is certainly familiar with some of the challenges faced by the accommodation sector.

One of the main barriers to the development of more affordable contemporary student accommodation schemes, according to Collegiate, is the UK planning system. Inflated land values make it all but impossible for the private sector to build cheaper accommodation, while the universities themselves are entirely priced out of the market.

One solution is the work being undertaken by Collegiate and others to translate the innovations in their schemes into more affordable developments by using advances in technology and achieving economies of scale. As choice within the marketplace grows, led by higher-end schemes, their standards and design will be replicated at lower cost throughout the sector.

As Cuanalo explains,

“Premium schemes are not the problem. They often set new standards and technologies that cheaper schemes can follow. What we need is more investment and supply at the more affordable end of the market; we all recognise that there is a larger market at a cheaper level.

“The solution is to deregulate planning to free up supply and accelerate the availability of high quality accommodation choices within the investment market, focusing on where the greatest opportunity lies as competition increases. That is how efficient markets work, but with the barriers presented by unhelpful planning regulations they will always face artificially high costs.”

The government also has its role to play in working to create a new economic climate in which grants are once more available to students from low income families and students can look forward to the prospect of high-paying jobs to help them repay their debts. The Brexit process is set to create both challenges and opportunities in this respect.

As Collegiate’s Eri Cuanalo concludes,

“We have the chance to develop into a truly advanced economy of high-skilled workers. We need to back that progress through appropriate policies that allow the UK’s higher education sector to flourish in all respects. The future is bright if we don’t limit it.”

For more information, contact Collegiate on +44 1235 250 140 or visit www.collegiate-ac.com.

Nova set to shine brightest in the UK’s student accommodation scene

Nova set to shine brightest in the UK’s student accommodation scene

United Kingdom
  • Nottingham secures Purple Flag accreditation for 7th consecutive year (ATCM)
  • University of Nottingham number 1 for graduate employment (The Times)
  • Fusion Students, alongside Collegiate AC, launch brand new Nova residence in Nottingham

The university city of Nottingham is celebrating securing Purple Flag accreditation for an impressive seventh consecutive year.

Operated by the Association of Town and City Management, the accreditation of a Purple Flag (the scheme that recognises excellence in the management of UK town and city centres at night) indicates that Nottingham is a safe and vibrant place for a night out and therefore the ideal location for students to feel secure and at home during their time at university.

The highly sought-after accreditation is based upon a number of core themes including the overall wellbeing of the place, accessibility and public transport, crowd management, access to information, assortment of venues such as pubs, bars and late night spots and attractive public spaces. And with Nottingham proudly retaining its Purple Flag accolade for the seventh consecutive year, it’s hardly spurring that it is fast becoming the perfect student city, combining a fun and friendly atmosphere with exceptional higher education institutions.

Results from the latest census reveal that out of the total population of just under 319,000 in Nottingham, 37,000 are university students. With students comprising 11.6% of the population and growing, accommodation is in demand and the best is quick to sell-out.

Indeed, the demand for accommodation from students choosing Nottingham for their higher education is set to rise even further with the news that the University of Nottingham has been named the 2016 University of the Year for Graduate Employment according to The Times and The Sunday Times Good University Guide, moving the institution back into the top 20 on the national league table.

Answering this demand for residences is Fusion Students, provider of luxury student accommodation in the UK, alongside their management partner Collegiate AC. Their brand new Nova site is aptly named as it allows residents to shine brightly from the luxuriously star-studded premium accommodation.

Warren Rosenberg, co-founder of Fusion Students, comments,

“Nottingham is not only emerging as a place of first class education but also a lively, cultural city, the perfect location for students. With the University of Nottingham now ranked in the top 1% according to the 2016 QS World University Rankings, at Fusion Students we have noticed the brilliance of the city and all it has to offer.

“We are therefore proud to announce our brand new Nottingham based high-tech student accommodation site, Nova, opening on the 24th of October and available for bookings. We are thrilled to be working with Collegiate AC once more and are confident that Nova is the perfect accommodation for those that want the feel of a boutique hotel with amazing facilities on offer to make sure that student living is truly luxurious and fun!”

The latest addition to Collegiate AC’s Fusion collection, Nova delivers an outstanding blend of facilities and service to the city’s most discerning students. The brand new accommodation comprises 437 rooms, each of which has been carefully interior designed and finished to a high standard. Every room comes with a double bed, ample storage (including a double wardrobe), 42” television, USB sockets and free 200mb Wi-Fi.

At Nova you’ll be in the midst of the bustling culture of Nottingham with shops, restaurants and leisure facilities just a short walk away. Easy access to the University of Nottingham with tram and bus links and Nottingham Trent University union and campus buildings only five minutes away by foot.

The brand new site offers study and conference rooms with purpose built hammocks for studying; party rooms with a state of the art sound systems with lighting, DJ booth, bar and dance floor; private fully equipped gym; games room with table football, ice hockey and table tennis; private cinema with high-tech facilities and a cold store to keep your groceries fresh until you arrive back from lectures.

The 24/7 concierge team are always there to help, providing free coffee at breakfast and to sign for deliveries when students are busy, as well as keeping security and safety foremost in mind.

For more information, visit www.collegiate-ac.com or contact Collegiate AC on 01235 250 140.

Mull it over: Living near the UK’s best Christmas markets

Mull it over: Living near the UK’s best Christmas markets

United Kingdom , ,
Crisp cold days, wrapped up warm in scarves and bobble hats, toes toasty in winter boots, Christmas tunes playing and the delicious smell of mulled wine – there’s something special about visiting a Christmas market.

Germany is known for its seasonal markets. The Christkindlesmarkt in the medieval city of Nuremberg can stake a pretty strong claim as being the most popular in Europe with a market dating back to 1628.  People also flock to Dresden Streizelmarkt, which has a market that heralds back to 1434.  This city perched on the edge of the River Elbe is famed for its delicious fruit and marzipan packed stolen.

In the UK we are relative newcomers to the Christmas Market scene but nonetheless, in true British style, we have immersed ourselves into creating a selection of the most fabulous markets, so much so that travelling to Europe is no longer a necessity to get your festive fix.

Christmas Markets are right here on our doorsteps.  A sizzling bratwurst and a cheeky gluwein are not as far away as you might think.

Birmingham – To get the full on authentic German experience you don’t have to head off overseas, twinned with Frankfurt the incredibly friendly Brummie capital has a fantastic German market with over 180 craft stalls.

London – Hyde Park plays host to over 100 stalls, the UK’s largest outdoor ice rink, a circus, Ferris wheel and a Bavarian village. For those who want to continue the fun, head off to the Southbank which hosts its own Christmas market on the Thames.

Manchester – It’s Christmas market was launched in 1999 as just a single site in St Ann’s Square. Today the market is a sprawling and hugely popular festive attraction which attracts millions of visitors each year.  This Christmas Market is not just a fabulous place to shop but has become a leisure destination in its own right. No Mancunian winter is complete without a wander through the chalet-lined streets of Manchester.

Wales – It also boasts a fabulous selection of festive markets. The charming Victorian seaside resort of Llandudno is home to the rapidly growing Christmas Fayre offering 165 stalls in the centre of town.  This gorgeous town was voted best seaside resort in the UK in 2016 and 4th overall as best UK destination to visit by TripAdvisor, coming in behind London, Edinburgh and Liverpool.

For those fortunate enough to live close to a Christmas market there are wonderful advantages.  Being able to stroll out of your front door and do some Christmas shopping in the open air is such a treat.

 

Homes close to Christmas markets:

For student living in Birmingham look no further than 800 Bristol Road, it is an exclusive luxury student accommodation in the heart of Birmingham’s buzzing Selly Oak area. From £199 per week.

Or Brook Studios also in Birmingham, newly refurbished, premium rooms designed especially for students just a few minutes’ walk from the Edgbaston campus of the University of Birmingham.  From £172 per week.

For more information, visit www.collegiate-ac.com or contact Collegiate AC on 01235 250 140.
For those in the capital, Royal Docks, London gives easy access to the ExCel exhibition centre with shows like Simply Christmas to indulge retail passions or why not hop on the DLR to the West End and enjoy the Hyde Park Christmas Market.

Hoola, located in the Royal Docks, is a sustainable residential complex with two vertically identical 23 and 24 storey towers boast stunning rippling glass balconies that surround the apartments as well as floor-to-ceiling windows providing breath taking skyline views.  One bed apartments from £500,000.

For more information, please visit http://propertiesoftheworld.co.uk/ or call +44 20 7624 5555.

Looking north to Manchester and property agency Surrenden Invest has a fabulous new addition to its Northern Powerhouse portfolio.  Artillery House is situated in a prime position in the heart of the city and it epitomises the type of modern, luxury development that investors are keen to profit from and tenants are keen to rent. These apartments are just 5 minutes from the Albert Square Christmas Market.

The low-carbon technology, boutique development in Manchester’s ‘Golden Triangle’ boasts 12 high end apartments from £120,000, with assured returns of 7.5% NET.

For  more information visit www.surrendeninvest.com or contact Surrenden Invest on 0203 3726 499.

If you’re thinking of visiting North Wales for your festive fix then this unusual investment in a late Victorian country retreat is a must. Caer Rhun Hall, Conwy Valley, North Wales is undergoing refurbishment to create a perfect destination for a peaceful year-round country escape, Caer Rhun will become the region’s most exclusive hotel for guests, weddings and conferences.

Purchasers will also be given two free weeks’ personal usage at the hotel per year with full access to the splendours of this beautiful 5-star retreat.  Prices start from £75,000 and with an incredible return of 10% NET for 10 years, and an assured buy-back of 125% of the purchase price

For more information, please visit  http://propertiesoftheworld.co.uk/ or call +44 20 7624 5555. 

Adventure with Alice down the Rabbit Hole in Cardiff’s newest student accommodation

Adventure with Alice down the Rabbit Hole in Cardiff’s newest student accommodation

United Kingdom
  • Fusion Students, alongside Collegiate AC, launch brand new Eclipse residence in Cardiff
  • Cardiff is home to a new, never before seen standard of student accommodation (Fusion Students)
  • Exclusive Alice in Wonderland themed Nightclub, Keg Fridays and complimentary breakfast Tea and Coffee for residents 

Cardiff is home to a new, never before seen standard of student accommodation. Fusion Students, provider of luxury student accommodation in the UK, alongside their management partner Collegiate AC, have revealed their latest addition to the capital’s student scene. The brand new site Eclipse is set to break the mould and enhance students’ lives for a stylish, first class living experience.

Fusion Students are proud to reveal their Eclipse residence, complete with premium features to make its’ residents time at university the very best it can be.

The on-site Alice in Wonderland themed nightclub aptly named ‘The Rabbit Hole’ has a secret entrance, is equipped with a bar for students to create their own drinks and hosts a top of the range sound system. It is sure to kick-start any party with residents socialising and no doubt grinning like Cheshire cats.

Another fantastic aspect of the new site includes Keg Fridays which offers free beer on Fridays to help cut your weekly spending and complimentary tea and coffee at breakfast to make sure students are prepared for long days of lectures or studying in the on-site private study and conference rooms. A personal Mad Hatters tea party to start each day with the help of the on-site concierge team is certain to make students feel settled and at home.

Eclipse boasts a long list of amazing features, such as a French Renaissance themed dining room (bookable to throw dinner parties and special occasions), an on-site gym (with exercise classes available), private cinema room, outdoor recreational space with beautiful landscaping and hammocks, table games throughout (ping pong, fussball and ice hockey) and a total sense of security with 24/7 staffing and concierge team, all for an all-inclusive rate.

Warren Rosenberg, co-founder of Fusion Students, explains the significance of the new Cardiff development. He comments,

“We pride ourselves in being a lot more than just a bedroom for students, but a living experience to remember. We focus on creating a strong, sociable community for our residents to thrive. We are thrilled to be working with Collegiate AC to provide unique facilities in ideal locations, close to universities for students across the UK. Eclipse is no different as it is situated only a short walk to the main Cardiff shopping area and capital city as well as being in close proximity to the University of South Wales and the University of Cardiff.

“An eclipse is a rare and stunning occasion which does not want to be missed. With the site opening this month, the new residence is fittingly named and is certain to impress.”

The accommodation has an array of room types available including ensuites, shared rooms, studios and apartments. With 686 rooms, Eclipse is a huge community of students, each room has a double bed, 42” television, desk and study area as well as ample storage with double wardrobes. In addition to sophisticated sleeping options, the residence also has many casual study and relaxing spaces.

With the perfect student location, exceptional accommodation and one of a kind facilities available, Eclipse has to be seen to be believed and is definitely not one to be missed.

If you would like to view the online video of the site, please click here.

For more information, visit www.collegiate-ac.com or contact Collegiate AC on 01235 250 140.

Collegiate AC and Shuman Capital launch €300 million European Student Living Fund

Collegiate AC and Shuman Capital launch €300 million European Student Living Fund

United Kingdom
  • Student accommodation market worth US$200 billion globally (JLL)
  • New European Student Living Fund to support accommodation development in European centres of academic excellence
  • Best in class UK accommodation model to be rolled out across Europe (Collegiate)

Within just a few short years, the student accommodation market has gone from a niche investment opportunity to a mainstream asset class worth around US$200 billion globally, according to estimates by JLL.

In Europe, the UK has been leading the way in terms of how to approach this market, with pioneers such as Collegiate AC rapidly raising standards and expectations when it comes to best in class student housing.

Now, Collegiate AC has joined forces with Shuman Capital in order to launch the €300 million European Student Living Fund, which will support countries across Europe with strong academic credentials to be at the forefront of developing state of the art student accommodation.

Shuman Capital, a division of Stam Europe, will work in partnership with specialist operator Collegiate to exploit the under-supply of appropriate student accommodation in Europe on a sophisticated basis. Stam Europe is a Paris based investment manager operating both funds and separate accounts with Assets under Management of €1, 5 billion.

The €300 million professional investor fund will be invested in procuring assets developed to Collegiate’s product and brand specification, leveraging on Collegiate’s international marketing reach.

Collegiate CEO Heriberto Cuanalo comments,

“Collegiate’s partnership with Shuman Capital marks the dawning of a new era for student accommodation in Europe. The European Student Living Fund will focus on cities known for their academic excellence, working to introduce a step-change to the student accommodation on offer.”

The accommodation assets will typically be a minimum of 350 beds, which will benefit from the full service offering of the Collegiate Prestige five star plus product and service specification. That specification includes a host of luxury features, from on-site cinema rooms and gyms to VIP bars, club rooms and gaming centres, as well as outstanding facilities for studying and superb individual apartments. Hotel-style concierge arrangements will ensure that the quality of the facilities is matched by that of the service available.

Shuman Capital Chairman Michiel Olland comments,

“We are thrilled by the strategic partnership with Collegiate. Their excellent operating skills are matching with our views on managing student accommodation and in line with our investment strategy. This collaboration will clearly add value for the partner investors in the fund.”

As a long-established provider of sophisticated student accommodation, Collegiate is well positioned to take forward the new partnership with Shuman Capital. Collegiate is already a strategic operating partner to a select number of investors and developers on a long term basis, including Fusion Students and other UK, USA and European clients.

Collegiate is also an operating partner of Empiric Student Property plc for part of its portfolio and supported Empiric through its IPO. Collegiate is a long way from the traditional operating companies in the student accommodation sector thanks to its development management support function and strong brand, marketing and product standards.

It is a name already recognised by students internationally and the new European Student Living Fund will support the expansion of the company’s unique brand of excellence to many more cities across Europe over the coming years.

Collegiate CEO Heriberto Cuanalo and Managing Partners Michiel Olland, Knut Riesmeier and Guy Remans of Shuman Capital Shuman Capital will be attending the Expo Real International Trade Fair for Property & Investment held in Munich, Germany on 4-6 October 2016 and are available to meet with the media and / or other interested parties.

For more information or to arrange a meeting at the Expo Real event, contact Collegiate on +44 1235 250 140 or visit www.services.collegiate-ac.com.

Student finances exposed: How do they really spend their money?

Student finances exposed: How do they really spend their money?

United Kingdom
  • More than half of students find managing money stressful, yet 39% still don’t create a budget (Natwest Student Living Index)
  • Collegiate AC accommodation offers inclusive billing and luxury communal facilities to ease budgeting (Collegiate AC)
  • Student spending prioritises groceries, utility bills and eating out (Natwest Student Living Index)

As the new academic year begins, many students are leaving home for the first time and one of the key lessons they will quickly learn is how to budget. Mastering this particular skill can take some time as students acquire new spending habits in fitting with their university life.

With this in mind, Natwest, in partnership with an independent research company, have produced the Student Living Index report to unearth the true realities of student expenditure, from what is considered essential spending, to the real financial impact of socialising and the true cost of students’ hobbies and interests.

Based on data from 2,500 students living in 25 popular university cities across the UK, the enlightening research reveals that 52% of students admit to finding money management stressful. However, a substantial 39% are still not using any form of planning or budget when it comes to managing their money.

Heriberto Cuanalo, CEO of the leading provider of luxury student accommodation in the UK, Collegiate AC, explains the importance of budgeting and how a modern student property can help,

“A key aspect of planning for university life is understanding your finances and creating a budget by which to stick to on a week by week basis. Every student budget will vary depending on individual circumstances and it is advisable to create your own to include personal requirements, estimating weekly expenses as you go.

“Whilst an important skill to learn, financial planning when you have left home for the first time can be challenging and this is where modern purpose built student accommodation can help. At Collegiate AC, not only are our properties close to university ensuring that money is saved on travel, we also provide extra amenities included in our billing. This can help reduce day-to-day expenses whilst enhancing the living and studying experience: this is the future of university living.”

According to this year’s Student Living Index report, students still spend more per week on groceries than anything else, with utility bills and eating out ranking second and third, swapping places in comparison with 2015’s results.

Monthly utility bills can fluctuate and allowing for this within a weekly student budget can become difficult, especially when unexpected costs occur. In order to eradicate this monetary concern for residents, Collegiate AC properties have utility bills and unlimited Wi-Fi included in the rental price as standard, meaning that students know where they stand with their finances in advance.

As Cuanalo indicates, alongside inclusive billing, Collegiate AC properties also boast a variety of additional facilities available to residents at no additional cost, again assisting with budgeting and in turn reassuring parents and guardians from afar.

With eating out remaining in the top three of student expenditures, Collegiate AC’s Water Lane Apartments in Bristol benefits from a private dining room that provides residents with the ideal venue to throw their very own dinner parties, eliminating the need to eat out so frequently.

Leeds’ premier student residences, Pennine House, also boasts an array of excellent inclusive facilities. These range from an on-site cinema to provide the ultimate in home entertainment, to the on-site private gym, exclusive to residents and stocked with the latest exercise equipment to allow students to save on expensive gym memberships, a key advantage when calculating a weekly budget.

With Natwest’s latest report also highlighting that, contrary to popular belief, the majority of students’ time is spent studying – approximately 30 hours a week compared to just 8.9 hours spent socialising – Collegiate AC understand the importance of effective study areas in their properties.

With reading and work rooms available for individual study or in a group, Collegiate AC’s high-specification and beautifully designed Saxon Court Apartments, set in Reading, are equipped with study and common rooms, ideal for just this purpose.

For more information, visit www.collegiate-ac.com or contact Collegiate AC on 01235 250 140.