#pws adebate

Investment in student accommodation is forecast to top 2016’s figure of £4.5bn by the end of the year. 

But delivering affordable accommodation that also offers attractive returns continues to prove challenging, especially with Brexit looming large and a lack of public sector financial support for private student accommodation development.

In a bid to tackle the conundrum, Property Week teamed up with CBRE on 23 November to host a lively #PWSAdebate on whether it is viable to offer affordable student accommodation and if not, what can be done to make it viable.

CBRE executive director Jo Winchester, aka @PBSAguru, and Property Week’s Samantha Partington and Richard Hook fielded questions from across the industry during a fascinating hour-long debate that covered issues ranging from the role of modern methods of construction to the different types of accommodation that should be offered.

The debate generated more than two million impressions across more than 100 tweets, with Winchester concluding that “cheaper accommodation options for students are desirable, but all student accommodation is provided by the private sector, which needs to make a profit… key to success in PBSA is offering rooms at different price points to appeal to all types of students”.

Student Accommodation Conference

The issue will also be high on the agenda at Property Week’s Student Accommodation Conference & Awards at NCC Birmingham next Thursday, where Winchester will be joined by Richard Kington, director of accommodation services at the University of Edinburgh; Nick Riley, board director at Whittam Cox Architects; Allan Hilton, chief executive at Cass and Claredale Halls of Residence; and Martin Blakey, chief executive of Unipol Student Homes to discuss why affordability matters and how to improve it.

Don’t miss out – book your place at student.propertyweek.com.

Recap the whole Twitter debate with #PWSAdebate

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