Drivers Jonas Deloitte: London Student Housing Crane Survey
Student numbers studying at London’s universities have continued to grow and the supply of student accommodation in the capital remains tight. A year on from our first survey our latest research highlights that 2,490 bedspaces have completed in the last year across the capital.
Our research also uncovers that there are 4,078 bedspaces currently under construction with two thirds of these units expected to complete for the forthcoming academic year. That said, we believe we are still a long way from filling the supply gap.
We have seen a sharp increase in the number of schemes being submitted for planning, 13 of which have gained consent. However, for many it has been far from plain sailing with schemes struggling to get approval from local authorities as a result of tightening planning policy …