1.1 Definition and presentation
Student housing includes any official residency or accommodation the university provides to students. These specific dwellings generally consist of a building or a group of buildings which are entirely inhabited by students.
There are usually two layouts the structures can have:
- Similar to apartments: multiple shared rooms, common areas, shared kitchen and bathroom.
- Similar to hotel rooms: single rooms, single or shared bathroom.
A common aspect to both structures is the presence of shared facilities which can be accessed by all students living there. Generally, those consist of both places for pleasure and for work/study.
Student housing are a subsegment of the real estate market and represent an attractive investment. Indeed, according to Savills’ report in 2016 the investment value globally was double the one registered in 2014. The Italian market is indeed expected to benefit from growing internationalization, changing students’ expectations and living habits.
In Italy the number of students has historically been relatively stable, yet it is projected to boost in 2020 by 45% of the 2017 value. Despite the figures, the market potential is huge as an impressive portion of the demand is not satisfied, due to the offer limitation in terms of volume and geography.
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