Pan European Session 2020
The Bartlett Real Estate Institute, UCL
Monday, 24 February 2020
ACHIEVING RENTAL GROWTH & LEADING NEXT GENERATION LIVING
University-cities across Europe are under immense pressure; distressed by their own success in attracting students, graduates and young professionals whilst simultaneously scrambling to offer them affordable housing solutions. Concurrently, pioneers in student accommodation (PBSA) have created radical new solutions to housing challenges in the past ten years. Housing solutions, which proved capable of adapting to tenants’ needs and quality urbanism in mixed-use destinations.
So far, the investment available to fuel emerging housing solutions has been limited by a reluctance of institutional investors to break past a short-term understanding of risk. However, in an uncharted territory of environmental, demographic, and digital challenges, the fundamentals of real estate value over the entire lifetime of buildings and neighbourhoods are becoming increasingly important. The investments able to attain long-term rental growth are those that create high quality urban environments, where young people can share experiences, afford to stay, and which ensures future flexibility and growth potential.
At our Pan European Session, we will address following questions:
How can the real estate industry evolve its understanding of risk to invest in new models and what are the key learnings and successes so far?
How can the lessons learned in de-risking student housing be scaled up and applied to the next generation of living innovations?
What policy and planning adjustments can provide much-needed relief for university-cities?