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Demand for Accommodation from European Students Trebles Post-Brexit

A new report has revealed that enquiries from EU students for Purpose Built Student Accommodation has increased threefold year-on-year following the results of the referendum.

Demand from European Students for Purpose Built Student Accommodation Increases Threefold

A new report has revealed that enquiries from EU students for Purpose Built Student Accommodation has increased threefold year-on-year following the results of the referendum.

Early figures from student accommodation listing site, Student.com, have indicated that demand from students with nationalities in the European Union has almost tripled over the last four months of 2016 when compared with the same period in 2015.


Analysing the data for enquiries made after the average check-in date for students at the start of the academic year, September 18th, up until December 31st, the figures demonstrated that demand for accommodation in the UK remains high from European students despite Brexit, said Student.com.


Commenting on the figures, Global Head of Supply at Student.com, Nathan Goddard, said:


‘It’s early stages in the game, given there’s no tangible impact to European student fees or loans yet. However, what this data does indicate is that Brexit hasn’t had a significant impact on European student interest in UK accommodation. This can only be good for Britain’s PBSA landlords.’


According to the data, the highest demand for student accommodation was found in London, Glasgow and Edinburgh during this period, with Manchester, Liverpool and Birmingham also featuring in the top 10 locations.


Last month, Cushman & Wakefield released figures indicating that demand for PBSA investment has also not waned in the face of Brexit, as £3.1bn was transacted in the sector during 2016.