STUDENT ACCOMMODATION

摘要

Student accommodation has come a long way from the squalor immortalised in TV's The Young Ones. These days, the typical undergraduate is likely to be living in a modern, purpose-built block whose management would take a dim view of the madcap antics performed three decades ago by the late, lamented Rik Mayall et al. In the intervening period, student housing has become big business. An analysis of the development pipeline, carried out for Building by construction data organisation Barbour ABI, shows that the total level of contracts awarded for student accommodation so far this year stands at £1.16bn. With four months left to go, such contracts look set to surpass last year's figure of £1.48bn which was itself an improvement on 2012's £1.28bn. Individual contracts let in June topped £70m in value, with a £73.4m student accommodation development for Brighton & Hove College.