Student Pod Investment Leicester LE3
Based on a recent Knight Frank report, Leicester is currently suffering a severe shortage of high quality purpose-built student accommodation such as student pod investments. With student numbers increasing at a rate of 14% in the three years prior to the 2010/2011 academic year, the two universities in the area, DeMontfort University and Leicester University, have invested heavily in facilities.
The University of DeMontfort has invested £20 million as part of a 10 year initiative while Leicester University is currently under going a 300 million pound upgrade of its facilities.
Leicester is recognised as a leading city for education and sport, ranked number one in The national student survey for satisfaction. For every place there are 6.5 applicants, with
satisfaction overall rated at 80%. Student numbers have increased by 4% in the last year and international students by 11%.
These statistics, published by Knight Frank, demonstrate that there is an acute under supply of student accommodation.