Nuveen and Value One form €600m student housing JV: Europe
Nuveen Real Estate and Value One have formed a €600m joint venture to invest in purpose-built student accommodation across Europe …
News Articles
Unite: Results for the year ended 31 December 2018
Richard Smith, Chief Executive of Unite Group, commented:
“2018 was another successful year for Unite. We made good progress against all of our core objectives and continued to deliver sustainable growth in our recurring earnings and cash flows. Our strong results remain underpinned by our brand, our sector-leading operating platform, the quality of our portfolio, our deep and valuable University relationships and sector fundamentals. These qualities set us apart in a sector that remains undersupplied and, more than ever, has a need for accommodation that is delivered efficiently and with a focus on value for money.
“We continue to work in partnership with and align our portfolio to the strongest Universities in the UK, where student demand is both sustainable and at its greatest with 90% of our portfolio located at these Universities. This strategy has led to a further improvement in the quality and security of our income, with 60% of beds underpinned by agreements, in line with our target. University partnerships, alongside our development pipeline, are key drivers of continued growth and forward visibility of our earnings.
“Looking ahead, we maintain our positive outlook for the business. Reservations for the 2019/20 academic year are in line with record levels for this time of year, supporting our like-for-like rental growth guidance of 3.0-3.5%. Our secured development and University partnerships pipeline of 6,579 beds being delivered over the next four years will further improve operating efficiency and generate significant earnings growth …
International student enrolment set to exceed UK numbers – Australia
For the first time this year, the number of foreign students attending Australian universities is likely to exceed those studying in higher education institutions in the United Kingdom.
This will put Australia in second place, also for the first time, behind the United States in terms of overseas student enrolments.
International student numbers have been steadily increasing in Australia by the tens of thousands each year and 2019 looks set to be another record: Enrolments in the nation’s various higher education institutions are likely to reach 460,000, up from 400,000 last year …
UCAS – Analysis Report 2019
As an independent charity, UCAS publishes timely data and analysis about demand for and progression to higher education, to contribute to public debate about education, access, and social mobility …