GRI to deliver more student housing insights to its members by BONARD partnering
London, UK / VIENNA, Austria – With the pandemic impacting many traditional real estate asset classes, the latest data show that most student housing providers remain strong, with reported vacancies in single digits and new bookings gradually returning to pre-Covid numbers.
These indicators underline the long-term resilience of the asset class, which attracts ever higher numbers of investors. In the first half of 2020, global student housing deals and transactions accounted for €10bn. With 800+ residences (comprising over 250,000 beds) in the development pipeline just within Europe and the UK, the estimated construction value of these investments is over €17.5bn.
As a result, GRI, the world’s leading real estate club of over 2,500 C-level professionals, is strengthening coverage of the student housing asset class for its members. The Club has announced the creation of a members-only, global student housing committee for leading industry specialists to meet once a month and discuss the latest developments and topics raised by GRI members. Global student housing committee meetings will be led by leading asset class experts, representing over 30 brands and inviting new members on a regular basis.
In order to enhance the committee’s expertise, GRI has named BONARD, a specialised asset class advisor, as Knowledge Partner for Student Housing.
Gustavo Favaron, CEO of GRI Club: “Our mission is to inspire and foster relationships among real estate leaders within this new progressive asset class. We are therefore pleased to have industry specialist BONARD as our Knowledge Partner. Such partnerships will enable our members to benefit from the global knowledge and expertise backed up by data.”
Samuel Vetrak, CEO of BONARD: “We at BONARD are pleased to become GRI’s Student Housing Knowledge Partner. We are dedicated to empowering conversations with our insights from within the asset class. We take this invitation as a testament to our experience and expertise and will be pleased to share our knowledge with GRI members.”
For any queries, please contact:
GRI: Laura Sancesario, [email protected], +44 20 7121 5076
BONARD: Stefan Kolibar, [email protected], +43 650 612 4527
About GRIThe GRI Club is a global real estate and Infrastructure club with over 3,000 members from 64 countries. The participation in the GRI Club is by invitation only and is restricted to senior decision-makers from the industry.
More information at www.griclub.org
About BONARDBONARD is a global market research and investment intelligence firm assisting with data, strategies and assessments in rented residential asset classes, incl. student housing and micro living.
The team of 50 researchers and analysts operating in four offices around the world provides the highest level of secondary and primary (in-field) data, making BONARD a leading provider of independent and reliable research.
BONARD is a UNWTO Affiliate Member and the company’s senior researchers are individual members of ESOMAR.
More information at www.bonard.com