{"id":629312,"date":"2023-04-14T19:49:07","date_gmt":"2023-04-15T00:49:07","guid":{"rendered":"https:\/\/news.sellorbuyhomefast.com\/index.php\/2023\/04\/14\/industry-cannot-keep-pace-with-student-housing-demand\/"},"modified":"2023-04-14T19:49:07","modified_gmt":"2023-04-15T00:49:07","slug":"industry-cannot-keep-pace-with-student-housing-demand","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2023\/04\/14\/industry-cannot-keep-pace-with-student-housing-demand\/","title":{"rendered":"Industry \u2018cannot keep pace\u2019 with student housing demand"},"content":{"rendered":"<div id=\"wrapper_sleeve\">\n<p><img loading=\"lazy\" decoding=\"async\" width=\"620\" height=\"414\" src=\"https:\/\/cdn.ca.emap.com\/wp-content\/uploads\/sites\/8\/2021\/07\/unite-housing.jpg\"   alt=\"unite-housing.jpg\">        <\/p>\n<div>\n<p>Unite has said it \u201ccannot keep pace\u201d with soaring demand for student housing.<\/p>\n<p>The student housing developer revealed that 90 per cent of its rooms for the 2023\/24 academic year had already been sold at the end of March, compared with 78 per cent last year, while it expects rental growth of 6-7 per cent in the next academic year.<\/p>\n<p>In a trading update, Unite added that it was committed to four development schemes, worth \u00a3339m, and was currently looking at several new development opportunities.<\/p>\n<p>Unite Students chief executive officer Richard Smith said: \u201cThe supply of purpose-built student accommodation cannot keep pace with growing student demand at the same time as [private] landlords are leaving the sector.<\/p>\n<p>\u201cWe are therefore tracking a number of new development opportunities at attractive returns, which we are uniquely positioned to deliver through our university relationships and development capability.\u201d<\/p>\n<\/p><\/div>\n<h3>Related articles<\/h3>\n<\/p><\/div>\n<p><a href=\"https:\/\/www.constructionnews.co.uk\/buildings\/industry-cannot-keep-pace-with-student-housing-demand-13-04-2023\/\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><br \/>\n Catrin Picton<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Unite has said it \u201ccannot keep pace\u201d with soaring demand for student housing. The student housing developer revealed that 90 per cent of its rooms for the 2023\/24 academic year had already been sold at the end of March, compared with 78 per cent last year, while it expects rental growth of 6-7 per cent<\/p>\n","protected":false},"author":1,"featured_media":629313,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25936,648],"tags":[],"class_list":{"0":"post-629312","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-cannot","8":"category-industry"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/629312","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=629312"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/629312\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/629313"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=629312"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=629312"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=629312"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}