INTRODUCTION and OVERVIEW
AMA Research are pleased to announce the publication of the
4th Edition of the report “Higher Education and Student Accommodation
Construction Sector – UK 2012-2016” – a key sector continuing to
demonstrate robust growth over recent years.
in the report:
Review of university capital funding – budgets, plans,
key universities, alternative funding sources.
Detailed analysis of types of accommodation within
the student housing market, including current supply
in university halls, commercial and private accommodation
potential growth areas up to
According to Building magazine
(April 2012) “almost 80% of UK universities are planning to
begin major building projects within the next year, as
institutions invest in estates to attract students”.
The report identifies construction activity
in the sector – in both universities and student accommodation
–reviewing capital funding, maintenance issues, demand/supply of student
accommodation, key contractors and consortia in the sector – together
with a review of prospects up to 2016.
Areas of particular
of ownership and maintenance requirements of student halls
- alternative funding options for universities
upgrading residential/non-residential facilities and
options for transfer of stock to private sector.
Review of capital funding
in HE system , impact of government spending
cuts on current and planned university
capital building programmes.
of purpose built student accommodation (PBSA)
rising student numbers - problems of under-supply in many
university towns, especially London.
Analysis of university estate and infrastructure
backlog, and an overview of leading construction
contractors operating in the higher education sector.
investors, developers and operators of PBSA
upgrade/replace existing stock. Growth of private sector
to upgrade and develop accommodation – transfer of
ownership / outsourcing
to the private sector.
portfolios and future development pipelines of key 25
commercial operators and investment funds in PBSA market –
new market entrants.
developer activity within PBSA market including current
supply of accommodation, factors affecting market and
forecasts of future PBSA development pipeline, key growth
opportunities – c 500,000 bedspaces in 2011 but demand
continues to grow.
Some of the
included in the report.
Balfour Beatty, BAM Construction,
Border Construction, Bouygues, Carillion, Costain, Interserve,
ISG, John Sisk, Kier, Laing O’Rourke, Leadbitter, Lend Lease,
Midas, Miller Construction, Morgan Sindall, Ocon Construction,
Shepherd Construction, Sir Robert McAlpine, Skanska, Vinci,
VolkerFitzpatrick, Wates, Watkins Jones, Willmott Dixon.
Key areas covered in the report include:
OVERVIEW OF THE HIGHER
EDUCATION SECTOR IN THE UK
Brief overview of
higher education system in the UK including types of
University and the impact of new universities on
Growth in student numbers, recent trends/future
prospects, increase of overseas students, impact of
higher tuition fees on student numbers in future.
Analysis of the Higher Education White Paper and its
impact on universities.
HIGHER EDUCATION SPENDING AND
of total university funding in the UK to 2014-15 -
Higher Education Funding for England, Wales and
Scotland to 2015.
Overview of higher education capital investment to
2014-15, Capital grants up to 2014 – total and for
top 10 universities in England and Scotland.
Impact of funding cuts on university infrastructure
development – alternative funding sources, review of
ownership and maintenance requirements of their student
of University Income – Charitable Trusts, Endowment
Funds, Bond Markets.
CONSTRUCTION ACTIVITY IN THE
HIGHER EDUCATION SYSTEM
Analysis of construction output in the higher
Capital Spending, top 20 University capital grants
Announcements for University
Science Facilities in the
University Estate – Current
age of university buildings and maintenance
backlog (by value)
of university capital building programmes, impact of
spending cuts, procurement of capital building
projects in the HE sector.
Higher Education Contractors
and Consortia –
key players, projects/pipelines, recent awards, clients,
procurement issues, etc.
OVERVIEW OF THE UK STUDENT
Mix of student accommodation
– bedspaces 2006-2016, mix by type -
university owned/operated, commercial / PBSA halls,
private shared houses. Current supply of student
accommodation at leading UK universities including
share/volume mix of types of accommodation –
outsourcing , transfer of ownership to private sector
Impact of rising student numbers /international
students (a key market) on univ. accommodation –
c.500,000 bedspaces in 2011 but demand continues to
analysis of student accommodation market – level of
accommodation market – rising student numbers and
planning restrictions affecting development
activity in some central areas, development pipeline.
student accommodation market –impact of rising student
rents, recession and higher tuition fees on PBSA market,
student accommodation investment funds.
of leading 25 commercial operators of
accommodation including developers, housing associations –
Unite, UPP, Opal, Liberty Living, Sanctuary Homes,
Victoria Hall, IQ, Watkins Jones etc - analysis of
portfolios and forward development pipelines.
Leading investment funds – portfolios, fund values.
2012-2016, analysis of future PBSA
development pipeline both in London and nationally,
key growth areas, new market entrants.