Report on student accommodation: Question and tender
Table of contents
Managementsamenvatting .................................................................................................................................... 0
1. Introduction ............................................................................................................................................................................. .... ............................... 1
2. Ask for accommodation on campus ........................................... .................................
2.1.The figures of students and projected students ....................................... ................................ 4
2.2.International students .............................................. ...................................................... .... ........... 4
2.3.Students with disabilities ......................................... .......................................................... ........ 5
2.4. ...................................................... .... ............................... 5
2.5.Reconciliation for Bedsum ....................................... ...................................................... ...................... 6
3. Delivery of accommodation on campus ....................................................... ...................................................... .... 7
4. Approach and offer ................................................ ...................................................... ... ......... 8
5. Costs and income from student accommodation .............................................. ............................. 10
5.1.Capital Investments for new buildings ................................................... ..........................................10
5.2. ................................... 11
6. Recommendations ........................................................... ...................................................... .... ...................... 12
Appendix 1 References ........................................................... .... .................................................. ........ ................... 14
Managementsamenvatting
There has been an unprecedented growth in participation in higher education in recent years and this is
set to continue on the basis of projections for a full demand for education developed by
Education and skills department.DESSE projections estimate that the demand will rise from
Almost 168,000 in 2014 to nearly 193,000 by 2024. Participation in higher education brings many
Advantages for the individual, society and the economy.
Infrastructure including an increasing demand for suitable stay of students.This report sets
Of the estimated supply and demand for student accommodation and related problems.
Section 1 of this report contains the general political context of the development of this report and
Emphasizes some recent trends on the rental market and the range of homes.
Section 2 indicates the estimated demand for students for students, both institution in higher education
(Hei) and Private, currently and until 2024. An estimated requirement of 57.104 beds
Room in 2014. The demand is expected to rise to just over 68,670 in 2024.
Section 3 indicates the estimated delivery of students with students, both heath and private.The current
Number of beds, both heath and private, suitable for student accommodation is estimated
Barely 31,300.
The total available beds will rise to slightly less than 43,500 by 2024.
Section 4 summarizes the position with regard to supply and demand for students with students.It is
estimated that there is an unfulfilled question of around 25,000 beds that have a significant influence
On the private rental sector.DESSE -Data are based on the current and expected development of students
Accommodation.
Section 5 shows a summary of the estimated investment and income generated by students
Accommodation.It estimates that the total gross investments planned by fuss and private developers,
was in the order of € 1 billion in the period up to 2024. Income level generated by the university
The student accommodation sector is due to the increase in DKK 51 million. € in 2014 to barely € 120
millions by 2024. The costs for maintaining the increased number of beds will double
Period of estimated € 30 million in 2014 to just over € 63 million.
Take on the costs of major renovations.
Section 6 of this report contains a number of recommendations, as if they are being implemented, either completely
Or partly can help relieve some pressure in the short term and at the same time accelerate the existing
Planned student accommodation projects and increases the pipeline for projects in the coming years.
This includes recommendations regarding the Rent-A-Room scheme, planning and development,
Delivery models, financing, development costs, availability, access to access and further
Research.
Higher Education Authority (HEA) wants the advice and support of
Financing and accommodation employees in the Heis.
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1. Introduction
This report was written in connection with recent, important government policy initiatives on
Construction and social housing
Into reconstruction of a sustainable construction sector that has the capacity to build the houses and
Infrastructure that we need as a society and make the full contribution to financial recovery.It is
The government has made it clear that the goals of the housing policy will be affordable prices, sustainability and
Inclusion.The aim of the construction 2020 is to produce the production of home too three -sided by 2020 that will also be
Give 60,000 jobs in the same period.
Moreover, the government has also launched a new six -year social housing strategy that includes
A target to deliver 35,000 new social housing for a price of 3.8 billion dkk.eur.it estimated that some
29,000 jobs will be created and maintained during this period.
The demand for student accommodation in particular influences the private rental market and
Trends in this sector are reported in a recent DFTT.Ie Rental Report1 with rental costs
increases and especially in the hangers of the pendants around the Dublin.
that a low number of property has been offered to the market in Dublin in the last 18 years
months.
This report and other reports published by the National Economic and Social Council (Nesc) point to
The fact that this offer is an important determining factor for accessibility and affordable prices for rental properties.
The latest report from NESC on the private rental sector - the rental sector of Ireland: paths
To ensure coating and affordable offer published in May 2015, the fact emphasizes
The national tenant about 305,000 households (19%) of a private landlord and
Percentage of household rents is considerably higher in Galway (40%), Dublin (34%) and Cork
(29%) 2.
The NESC report also estimates that there are nearly 9,000 students of households (based on 2.73
Coating speed per household) rent in the private rented sector nationwide.
Given the rent increases that have taken place in recent years, the low stock stock and the level of
Student households in the private rented sector and the expected increase in the number of students about
In the coming years it can be argued that an increased determination of the appointed student accommodation,
Both on and next to the campus, the potential can facilitate the continuous demand from medium to long term
Pressed in the private rental sector.This may offer real benefits
1 http://www.daft.ie/report/q1-2015-daft-rental-report.pdf 2 http://files.nesc.ie/nesc_reports/en/141_irelands_rental_sector_sector_sector_mainreport.pdf
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For tenants in the larger urban areas of Dublin, Cork and Galway and the hanging lists
Surrounding Dublin.
Offering extra student accommodation offers benefits for the broader economy and
Society through the economic activity that takes place and through the development of the local city
Areas in less commercially attractive areas.
Job was made in the construction phase of a € 150 million. Project with resulting VAT, Paye and PSI
Receipts.Moreover, a considerable number of extra permanent campus courts would be created
In the maintenance and management of new development and of course when delivering education
yourself.
Data collected by HEA shows that although there are significant capital costs that Hei's has made
The first structure of accommodation on campus and by offering continuous renovation can give it
A sustainable flow of income for heath in the long term that must be considered positive
In connection with the current work in the Higher Education Financing Group.
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2. Ask for accommodation on campus
The strong demand levels show that students generally prefer
Campus accommodation.The conditions that are relevant to these houses acknowledge the duration of
Student period, eszomer pauses, as well as a high standard for maintenance and facilities.
Moreover, the experience of students is undoubtedly improved by the proximity of student facilities
Such as libraries, sports, restaurants, etc.
Limited research has been done into accommodation and housing schemes for third -level students
In Ireland.de United States on the other side and to a lesser extent, the UK has performed
Extensive research in this area.
Research International (Pascarella and Terenzini 2005; Thomas 2012 as quoted by Gormley 2015 p.1)
have shown that students who live in accommodation on campus
Foren students and also show higher scores on developmental scales (checking and travel,
1993 as quoted by Gormley 2015 p.1)
A financing of 2009 in 2009 for England report on students who live at home, reported
In the first year, students who lived with their parents had
Higher than residents who only had a non-reserve of 4% (Hefce 2009, p. 35 as quoted
Gormley 2015).
Groups live less chance of living at home in their first year of study.
The transition from second to third level can be a careful time for students and their parents.
Unfortunately, it can be exacerbated by the stress of standing in line for off -campus accommodation
Which in many cases can be more expensive and of less quality.
It is further complicated by the timeline between the surviving certificate results, the CAO result,
Accept and start of the semester.This leaves a very short period of time to identify and gain access
Accommodation.
Moreover, recent research into the transition from school to higher education is ordered by
National Forum for improving education and learning emphasizes the effect so long
Hangers can have for students who are new in higher education.
Work pipes rise, including the transition challenge.It is likely that residential work traffic times
Influence on student's ability to participate in the university, especially to participate in recreation exams
Events and social activities in the evening.A longer commuting -work traffic is probably tiring and
Can also have a Domino influence on academic aspects ”3.
3 http://www.teachingandlearning.ie/wp-content/uploads/2015/08/research-report-6-transitions-from-second-nive-fe-to-higher-education.pdf
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2.1.
The expected full demand for education in the -hjalp institutions shows an increase in
167,991 FTES in 2014 to 192,886 FTEs in 2024 and is presented below in Figure 1.
International students.
Figure 1 Current and projected student numbers
2.2.
The international education strategy of the government "Investment in Global Relations" 2010-20155
Included a number of goals to increase international students in higher education institutions and
These have already been reached.Institut for education and skills that lead
Development of a new international educational strategy 2016-2020, which will be completed by ending
2015.
Increasing the number of overseas students offers a different flow of income for Heis.oges
Overseas student level with 2,000, for example, the university funds with around.30 million € per year
(Provided that every student is paid at the university of € 15,000 per year).
4 This does not include international students who study in the English language sector or in colleges, which offers courses in higher education that are not financed by HEA 5 https://www.education.ie/en/publications/policy-reports/ireland -S-International Teaching Strategy-2011110-2015-Investing-in-Global-Relationships.pdf
167.991
179.840
192.886
155.000
160.000
165.000
170.000
175.000
180.000
185.000
190.000
195.000
2014 2019 2024
Year
Current and projected figures from students
Totally fte
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Moreover, Enterprise Ireland estimated that a direct financial effect of approximately € 345 million.
From expenditure of international students in higher education in 2012 with an extra DKK 120 million. € from
Related friends and family tourism.
In total, the value of education has grown by 47% as a service export since the publication of
International educational strategy that has had an estimated direct impact of more than € 1 billion in
Irish economy compared to estimated € 682 million in 20106.
In the longer term, international students become part of the Irish 'Diaspora' building on persistent links
With their Alma Mater and with Ireland.
Generally in the most important urban areas of Dublin, Cork, Galway and to a lesser extent Limerick, the
The availability of campus enclosures is a condition for attracting new overseas students who
Students may have difficulty gaining acceptable affordable accommodation in the vicinity of a campus
In these areas he reports that international students need guaranteed accommodation
At least the first year at the time of recruitment.The expected increase in the figures of international students
Will put extra pressure on the availability of student accommodation for domestic students.
2.3.Students with a disability
There is currently also a considerable demand for beds for students with disabilities.
are not satisfied by the available stock.There are different needs because of the different types
Handicap and not just physical mobility.The Campus - Accommodation is generally considered as
The preferred opportunity to improve the participation of students, and that is considerably more, so the business
Students with disabilities.
is necessary a special challenge for financial demand and inclusion on the accommodation
Provider.This has consequences for costs, costs and inclusion.
2.4.
Summer plates generate VAT to the tax to a current speed of 9%.
Cost account for incoming tourists.Ssparat There are other students looking for shorter
Semester Duration of incoming Erasmus students.This report contains no information about private
Language schools that would further influence the question.
6 contains estimate of € 280 million for the English language sector
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2.5.Prial demand for the bed
There are indications that students have difficulty buying accommodation in the area
Their heath campus, especially in large urban areas.
demonstrate a shift to rental properties in the command tires that add traffic volumes and
Overload.
The current demand for students with students, both heath and private, is estimated at just over 57,100
(public and private).This number is an estimate based on data provided by Heis, including Iots and
Colleagues from teacher training.Institutions of Desdessse were also asked to give details of private
Developed bedrooms in their environment.
Heis was asked to provide information at the demand level on campus bedrooms in their
institution.This was 37,698 of the total demand in 2014 of 57,1047.
19,406 is estimated as private beds.
The student's accommodation currently delivered because of the mix of developed devices, purchase for charger and
Family houses under the rent a room help.
Have extrapolated the expected demand for student bed, including international students from
Projected (median) increase in DES students from 24,895 from 2014 to 2024, as described in the figure
1, the resulting increase would result in the expected demand for the bed of 62,855 in 2019 and 68,678 in
2024.
Figure 2 Student Square question including international and Erasmus students
7 Taking into account the reasonable accuracy of the demand in the HEI bed space rates and a general error marginal
Percentage plus or minus 4% is presented on the total demand figure.
57
, 10
4
62
, 85
5
68
, 67
8
2 0 1 4 2 0 1 9 2 0 2 4 4
Year
Student bedevraag
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3. Delivery of accommodation on campus
The information about available homes for students with students were informed by contact with all Inse
And a number of private institutions.
Because the accommodation of students is estimated at 31,296.There is a margin of error percentage on plus or minus
5%.
Existing student accommodation 2014
Public Public Private Total Places
Dublin 6.501 3.786 10.287
Cork 813 2.975 3.788
Galway 764 2.466 3.230
Limerick 2.590 4.226 6.816
Waterford 446 1.919 2.365
Other locations 0 4,810 4.810
A total of 11,114 20,182 31,296 Figure 3 Existing Student Accommodation 2014
Future development of the Bed Square is based on data submitted by heaths and an estimate of private
Off-campus project
39,696 in 2019 and 43,496 in 2024 as illustrated in the diagram below (including private).
Figure 4 forecast for delivery of student accommodation up to 2024
31
, 29
6 3
9,6
96
43
, 49
6
2 0 1 4 2 0 1 9 2 0 2 4 4
Stu
OF
T B
Ed n
IN
Ber
S
Year
Prognosis for offering student accommodation to 2024
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4. Adjust the approach and offer
Drawing of the estimates of supply and demand for, shows student accommodation that that
The demand for student accommodation is currently going on with delivery and this trend continues until 2024.
It is estimated that there is currently an unfulfilled question of around 25,000 beds that have one
Significant influence on the private rental sector.
This data is based on the current and expected development of student accommodation.
Time scale for new beds that come into the current are influenced by a number of factors, including
Planning process, access to financing, delays during the building, etc.
Figure 5 Supply of and demand for beds
Discussions with fuss and other stakeholders suggest that the lack of available accommodation
are high in Dublin, Cork and Galway and to a lesser extent Limerick.noccut in other areas,
Together with private accommodation, it is generally sufficient to meet the demand.
There is also a quality question that must be considered.The standard and suitability of some
Private student accommodation, especially where tax cuts
Capital reports are fully claimed that it is doubtful, but have not been fully investigated as part of
This exercise.Størst parts of the Hei development on campus facilities has been maintained for one
High standard with large renovations done or planned in many cases.
31.296
39.696 43.496
57.104 62.855
68.679
25.808 23.159 25.182
-
10.000
20.000
30.000
40.000
50.000
60.000
70.000
80.000
Supply from and demand for beds
Available bed bed question for non -filled question that influences the private rental sector
2014 2019 2024
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As noted in the summary, the current imbalance between supply and demand will not be resolved by
Well -known or estimated future development.Factically increased demand as a result of further projected
Numbers will only result in a continuation of this shortage.
Taken to encourage extra investments and, where possible, to present expected projects.
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5. Costs and income from student accommodation
5.1.Papital Investments to new buildings
With regard to the construction of new student accommodation, it is estimated that it costs around € 85,0008
per.bed room (current values, excluding costs related to land purchases).
100 bedroom real estate costs around € 8,500,000 to convert.
Figure 6 shows current investments and projected capital investments of universities, Dublin
The Ministry of Technology and a small number of other developments and only relates to new buildings.
Renovation costs are treated as part of the current normal cash flows.
Larger renovations are carried out by the heaths in existing beds for a period of 10-20 years.
This can be a pretty expensive exercise because of health and safety requirements and bringing accommodation
To modern standards.
Area of € 10,000- € 20,000 per bedroom to carry out these works.He is a provision of
These work in their cash flow.
Figure 6 Current and expected capital costs excluding private
As can be seen on the map above, excluding capital investments in student accommodation, excl.
It is expected that more than 700 million euros in the period 2014 to 2024. It is estimated that the total is
Gross investments planned by fuss and private developers are in the order of € 1 billion in the period
until 2024. The sources of financing for this investment level of heaths are a mixture of reinvestment of
Profit and new loans.There are no loan frames for the Institute of Technology
8 Source: Financing officials and capital section at universities
478.168
948.053
1.215.841
-
200.000
400.000
600.000
800.000
1.000.000
1.200.000
1.400.000
2014 2019 2024
€ 0
00
Year
Current and expected capital costs excluding private development
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sector and it would be difficult, if not impossible, for most Iots to finance a significant
Student Stay Project of his own resources.Most existing student
Accommodation in Hei ownership and new planned student projects are in
Of academic Sector.
5.2.
As mentioned above, most accommodation complexes of the student are owned by public ownership
of the seven universities.
The accommodation will increase from DKK 51 million. € in 2014 to slightly less than € 120 million. In 2024.
The figures presented below also contain some estimated interest rates for the room.
Turnover will also increase, so that the costs for maintaining the increased number of beds
estimated that these direct and indirect costs (excluding refund of loans, but including normal,
Continuous maintenance costs) will double € 30 million in the period. In 2014 to Just
More than € 63 million in 2024. These costs do not include the costs of major renovations.
Figure 7 Current and projected income for fuss
There is a risk of developing significant new students' stay that can lead to low
Degrees paved in the summer.
Current operating costs and must be recognized in the development of new projects.
The total cash flows of the campus enclosures are sufficient to make ongoing maintenance possible, major
Renovation and reinvestment in the future development of student bedrooms.
51.771
89.828
118.927
-
20.000
40.000
60.000
80.000
100.000
120.000
140.000
2014 2019 2024
€ '0
00
Year
Current and projected income for fuss
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6. Recommendations
Although it is not possible or useful to develop accommodation on campus to fully meet students
Question is recommended that relevant stakeholders work together to increase the supply of
The student's accommodation in the coming years.The financial benefit of this development is quite
Significantly both by creating jobs in the construction phase and by increased
Expenditure of students in various areas such as shops, restaurants, washing dishes, etc. Tourism,
Visit family/friends of international students.
There are a number of limitations on Hei's to guarantee an increase in student accommodation.
These include a lack of land for development and access to financing.In implementation, both in total
or partly of the recommendations below can help relieve some pressure in the short term, while it is also
Helps to accelerate existing planned student accommodation projects and increase the pipeline
Projects in the coming years.
Recommendations
Lej and Room Relief
Order
Courageous and support the recording of the Rent-A-Room scheme of
Homeowners in areas in addition to higher education institutions
Lead: D/Education and Skills, HEA, USI and Heis
Planning &
Development
Ensure continuous flexibility of local authorities with the help of
Guidelines for specification of student accommodation
Lead: D/Environment and local authorities and local authorities
Ensure that the requirement for student accommodation is considered as
Part of the assessment of the local authorities of development plans
Lead: D/Environment and local authorities and local authorities
Local authorities to consider the use of the empty land tax,
Managed in the urban regeneration and housing account 2015 to
Increase the land offering for which it can be used
Development of the accommodation of students in our cities
Lead: Local authorities
Explore delivery models, with relevant stakeholders, the potential of joint initiatives
In which heis and an approved home agency are involved to deliver students
Accommodation
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Recommendations
Financing consider the determination of a capital subsidy specifically to Heis
Development of student accommodation in a fixed period
Consider the potential to deliver future projects via a PPP
Financing model
The strategic investment fund of Ireland sees student accommodation
As an investment area that is consistent with the double bottom line mat
From commercial investments with financial impact.Isif to continue with
Participate in higher education institutions to develop financing
Solutions for accommodation on campus and with the private sector
Developers for possible investments outside the campus
Lead: ISIF, Institutions for Higher Education and Private Developers
Abstentation costs that must be taken into account for tax measures to develop on campus
Accommodation for Heis
Consult Nama on a commercial basis about availability
of suitable properties and country that can be used for students
Accommodation -Developments by Individual Heaths of Heis
Working with joint projects
Accessibility is recommended to meet any future development
The recommendations for accessed access as published by
Environmental department.Here must consult relevant
stakeholders including students with a disability in adjusting
Existing warehouse and design for new buildings
Leader: Institutions for Higher Education and Private Developers
Support the access that Hei's must consider to allocate up to 10% of the new beds
Students with disabilities to probably make an increased question of this possible
student
Leader: Higher Education Institutions
Research The Irish study of students' involvement (ISSE) must be expanded
Replace relevant questions about student housing to make research possible
must be carried out at student preferences for accommodation and
Related problems
Leader: Higher Education Authority
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APPENDIX 1 References
Chickering, A. and Reisser, L. (1993) Education and identity.San Francisco: Jossey - Bass
Publishers.
Gormley, B. (2015).
Social and living conditions based on residence, non -published saves thesis, university of
Sheffield.
Pascarella, E.T., Serenzini, P.T.(2005).How college influences students: a third decade with research.
San Francisco: Jossey - Basudgivere.
Thomas, L. (2012) What works?
In a time of change.London: Higher Education Academy.