Student Accommodation in the UK - Industry Research Report

Market upheaval: The cost of living crisis and post-Brexit rules reshape the landscape

Over the five years through 2023-24, revenue has grown at a compound annual rate of 1.2%. Growth has been largely driven by record student enrolment numbers, which have risen from 2.4 million in 2016-17 to 2.9 million in 2021-22, according to Higher Education Statistics Agency (HESA) data. It is the large increase in international enrolment numbers that are driving this growth. The growing middle classes in emerging nations such as China, as well as demand for studies outstripping supply in these home countries, is behind Chinese students accounting for 5.3% if university enrolments in 2021-22.

Student accommodation providers lease and manage accommodation to students, generally in association with a university. The renting of accommodating to students by private landlords isn't included in the industry.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.