Much more building work needed for London students
Drivers Jonas Deloitte’s third annual crane survey of student accommodation in London records a near doubling in construction activity, with more than 7,700 bedspaces in progress. But the capital now supports a record number of full time students – up 6% cent on last year to 283,500. So the gulf between the number of students and the supply of purpose-built bedspaces continues to widen, despite the sharp increase in construction. As a result, rents continue to rise …