“One of the things with student accommodation is that it offers us an opportunity to see what the future generation of home renters and owners actually want and how they are going to be operating in residential sector. It offers a learning experience to forecast what future developments are going to look like.”
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Technology and the Future of Student Living
One ever growing tendency to reach the high standards and missions set up for and by PBSA is technology. Today already, many residencies are fully equipped with tech-savvy models. Technology is also embedded in the component itself of Student Living as it is more and more incorporated in the structure of these buildings.Yet, with a rise of new technologies, ways to encourage personal interaction need to be rethought and improved. As a matter of fact, we need to rethink how student residencies can encourage human relations. Learn more about how technologies can help drive students away from their phones and out of their dorms in our UK Outlook.
Five Top Learnings
- Technology plays a big role in making student living more sustainable, democratic, convenient and inclusive.
- We see an increasing focus on community engagement and communal spaces in PBSA
- Despite an uncertain political background, investments in UK student living keep on rising and outlooks remain positive.
- New funding schemes and the ability to attract non-EU students will strongly shape the UK university landscape in coming years.
- Future-proofing of the UK PBSA market demands more diversification in room types. Affordability remains a key challenge.
“Technology, a sense of community and wellbeing should be key elements which feed into the next generation of products.”
“It would be great to see people getting more adventurous with the markets they invest in.”
“We can see a change within PBSA, a move towards more communal spaces. It is about creating more touch points where we can continue to drive a narrative.”
The Trends panel followed the theme Technology and the Future of Student Living which concentrated on the ways new technologies are being integrated into residences to support community development, education and sustainability initiatives.
The Investment panel focused on developments, transactions and tendencies in the UK Student Housing market.