EXCLUSIVE: British students outnumber Chinese students in UK PBSA sites for the first time

EXCLUSIVE: British students outnumber Chinese students in UK PBSA sites for the first time

United Kingdom
  • Exclusive data from leading student accommodation operator reveals top 5 resident nationalities
  • British students lead the way for the first time, with Chinese students following close behind (Collegiate AC)
  • “More and more British students actively seek out higher quality living accommodation for their university years” (CEO, Collegiate AC)

Collegiate AC is leading the way in luxury purpose built student accommodation in the UK. New data reveals the demographics of their residents and exactly who is enjoying the superb facilities that the operator provides.

With first class sites located in 23 towns and cities across the UK, Collegiate AC is well established and according to new data collected by the company, UK residents, for the first time, are the number one occupants.

In the 2016/17 academic year 25% of all Collegiate AC student residents are British with Chinese and Thai students in second and third position respectively.

In comparison to Collegiate’s 2015 student nationality statistics, there has been a notable increase in British residents, from 23% to 26%.

Greek students have interestingly entered the top 5 for the first time in 2016/17, accounting for 3% of all Collegiate residents.

The top 5 resident nationalities at Collegiate AC for 2016/17 are as follows:

  1. British – 25.77%
  2. Chinese – 25.62%
  3. Thai – 4.08%
  4. Greek – 3.44%
  5. Malaysian – 3.41%

  “Collegiate’s doors are open to students of every nationality and we are committed to ensuring that each and every student feels at home. For many years, Chinese students have been our most prolific residents but this is now changing as more and more British students actively seek out higher quality living accommodation for their university years.”

Heriberto Cuanalo, CEO of Collegiate AC

 

A perfect example of a friendly and welcoming atmosphere at Collegiate AC, is the site in Newcastle. Plummer House is part of the Fusion Collection, this offers breath-taking facilities at the heart of the city such as a private on-site cinema, gym, games room and VIP bar.

From £140 per week, the fantastic location is just 10-minute walk from Newcastle University and the exclusive design-led apartments, with high speed broadband and Wi-Fi throughout, are thriving with likeminded students.

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

Collegiate AC continue 2017 expansion launching new division with Rob Clothier at the helm

Collegiate AC continue 2017 expansion launching new division with Rob Clothier at the helm

World

With Collegiate AC’s extensive expansion plans set for Europe in 2017, the leading provider of luxury student accommodation in the UK has announced the appointment of Rob Clothier as Development Director.

Set to manage a newly launched division, Acquisitions & Development Management, we spoke with Rob to discuss his role and the future for Collegiate AC;

 

What does your new role entail?  

 

“As part of our continued strategic expansion, Collegiate AC have launched a brand new division; Collegiate Acquisitions & Development Management. Our core objectives will be on supporting our clients through the following stages of new projects to ensure they achieve the Collegiate AC standards for consumer quality, branding and investment sustainability;

 

  1. Evaluation, appraisal and acquisition
  2. Layout, room mix, detailed design and specification
  3. Tendering support, branding and construction phases

 

The team will focus on delivering class-leading stock for our clients and our students, as we enter into longer and stronger partnerships.”

 

 

What is it about this new role that excites you?

 

“Collegiate AC have an outstanding reputation for the delivery and operation of superior student accommodation, whilst delivering the best value for their clients and their students. Working with one of the markets leading providers, establishing an acquisition and development management team – providing more support to a strategic number of clients and investors – and being part of a successful team to grow this incredibly strong brand, both here in the UK and overseas – is very exciting indeed.”

 

 

How does your experience from previous positions prepare you for this role?

 

“I have over 16 years’ experience in the Property / Construction industry.  Starting as QS with a main contractor, responsible for ensuring a high-quality build, within budget and to programme – provided me with essential delivery experience.

 

Within the last 8 years, I have worked for the property development arm of Bouygues UK and specifically their student accommodation brand Uliving, developing over 5,000 purpose built student accommodation beds across the country. This role gave me vital experience in structuring development transactions from the very outset, working with universities and landowners to meet their objectives in full.

 

The combination of roles allowed me to secure a skill set which completes the development cycle, from acquisition through to delivery.”

 

What do you see as being the greatest challenges?

 

“The student accommodation sector is a highly competitive one. Ensuring that we listen to the needs of our students, clients and investors in this time of expansion, whilst continuing to focus on the Collegiate AC brand principals and core values, will be critical in maintaining success and achieving our business plan going forward.”

 

What can the industry expect from Collegiate in 2017?

 

“From a project perspective – a continued focus on the UK market, ensuring that all projects due for completion in time for the start of the 2017 / 2018 academic year, are handed over to the operational team successfully. In addition to this, we are very excited to have launched the first of our European schemes, Collegiate Marquês Pombal, a flagship project in Lisbon, also due for completion later this year.

 

The Acquisition and Development team will be strengthening our activity in the UK and Europe, continuing to work with key clients and investors. Excitingly other transactions across the continent are due for financial close throughout the calendar year.”

 

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

Leading luxury student accommodation provider Collegiate AC heads to the mainland with launch of first European project

Leading luxury student accommodation provider Collegiate AC heads to the mainland with launch of first European project

Portugal United Kingdom
  • Opportunity for specialist student accommodation managers to expand portfolios in Europe (Savills)
  • Collegiate AC announce first European residence in Lisbon, Portugal that serves as an idyllic landscape for thousands of students every year
  • Collegiate Conde Lisboa will be part of Collegiate AC’s Prestige Collection with residents benefitting from a private fitness suite, a 24 hour concierge service, on-site cinema and even a swimming pool (Collegiate AC)

According to Savills World Student Housing Report 2016/17 the PBSA sector in mainland Europe is growing significantly. It highlights that ‘for a globally mobile student population, secure, well managed, quality accommodation from a trusted provider has strong appeal to those unfamiliar with local housing markets.’

However, an absence of specialist student accommodation managers is holding the sector back, creating an opportunity for existing operators to expand their portfolios on the continent. And one potential market, desperate for development, is Portugal with its capital city as a prime candidate.

Naming Lisbon in the top three student cities in Portugal, the Savills report emphasised that the country’s student housing sector is still relatively undeveloped with major universities only providing a small amount of their own accommodation.

After successful expansion across the UK, and keen to lead an exciting era of development in Lisbon’s student accommodation market, Collegiate AC have announced their first European project. Collegiate Conde Lisboa will be part of Collegiate AC’s Prestige Collection with residents benefitting from a private fitness suite and swimming pool, a 24 hour concierge service and an on-site cinema.

Confident in the growing PBSA market throughout Mainland Europe and passionate about answering the increasing demand for student housing in Lisbon, Collegiate AC are delighted to launch this first-class property in the city.

Heriberto Cuanalo, CEO of luxury student accommodation provider Collegiate AC, is excited to be welcoming students to the new residence this September. He comments,

“Lisbon has a unique beauty and internationally acclaimed architecture that serves as an idyllic landscape for thousands of students every year. The Universidade de Lisboa is one of the major institutions of Higher Education in Europe and one of the leading universities in the country.

Collegiate Conde Lisboa will provide domestic and international students with a unique living experience, enabling them to make the most of their university careers both studiously and socially. The lifestyle-led apartments and social spaces have been carefully designed to create an environment where students can feel safe and looked after.”

In keeping with Collegiate AC’s commitment to ‘Superior Living’, the Collegiate Conde Lisboa will provide students with high speed broadband and Wi-Fi throughout the property, as well as an exclusive club lounge, well designed private and group study areas and even a stylish dinner party room.

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

The lights are always on at Collegiate AC

The lights are always on at Collegiate AC

United Kingdom
  • Collegiate AC launch 24/7 concierge service paralleling the very best hotels
  • Concierge teams take grocery deliveries, supply free popcorn and arrange taster sessions from local restaurants
  • “With staff on call when students need them most, the Collegiate 24/7 concierges set us apart from our competitors” (Collegiate AC) 

Heading off to university is a once in a lifetime opportunity and for many students it means living independently for the first time without Mum and Dad on hand to help with those everyday life tasks.Those looking for that ‘helping hand’ and extra level of support can now turn to Collegiate AC accommodation and its brand new 24/7 concierge service.

Committed to ‘superior living’, Collegiate AC sites across the UK boast amazing facilities with extra sparkle and a welcoming and friendly concierge team on hand to make students feel right at home.

The monotonous chore of food shopping is made a lot easier when the concierge team are available 24 hours a day to sign and collect your online ordered food. Not only will the concierge team take delivery but sites such as Nova in Nottingham, Eclipse in Cardiff and Plummer House in Newcastle all feature on-site cold rooms in which the food deliveries are stored until residents can collect them.

The Collegiate concierge teams are also on hand to supply the food and drink needs of student life. With complimentary popcorn – essential to fully enjoying the latest Netflix installation on the large HD projector screen – in the private cinema rooms on site.

The team will arrange private events such as cocktails evenings and taster sessions from the local restaurants, all in the comfort of the development. With state-of-the-art kitchens, private dinner party rooms, luxurious lounges and games booths, there is a deluxe space on-site with an event to match.

“The launch of our 24-hour on-site concierge service will ensure that Collegiate residences feel safe, secure and as homely as possible for those living away from their families. With staff on call when students need them most, the Collegiate 24/7 concierges set us apart from our competitors. When locked out or simply in need of a chat, the team are here to help and are chosen for their kind and thorough nature making Collegiate the place to call home.”

Heriberto Cuanalo, CEO, Collegiate AC

The residence that offer this brand new 5* conscierge service also include Fusion Tower in Bristol, Ernest Place in Durham, Eclipse in Cardiff and Pennine House in Leeds. One of the many Collegiate AC residence featuring the new concierge service is Crown House in Sheffield. The brand new Crown House raises the bar for student accommodation, ushering in a new standard of sophistication never before seen in the UK.

This prime position student property is set in lively West Bar, close to the heart of Sheffield’s urban centre and is a short stroll to both university campuses. It is part of the Prestige Collection that mix prestigious studios with inspired social spaces, Crown House brings more to student life.

From £150 per week, it’s stunning facilities include an on-site private fitness suite, private dinner party room, BBQ and alfresco dining area, private cinema room, gaming booths, flexible lounge area and state-of-the-art study zones. With a 24/7 concierge team and 300mb/s ultra fast Wi-Fi it really is the 21st Century student experience.

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

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.