No longer seen as an ‘alternative’ sector, increasing volumes of institutional funding have fuelled the growth of this asset class as a significant component of investors’ portfolios.
As investors enter these sectors and forge new relationships with sector-specialist development partners, we have been instructed in numerous development monitoring roles for investors such as KKR and Maven Capital, crucial in building the relationship between investor and developer. We understand that the differing styles and drivers of the partners in these projects need to be identified and managed in a collaborative way.
Specialist operators within the student accommodation sector also have very specific design and operational requirements which need to be factored into the development process.
Speed of delivery is often a feature of the sector which must be balanced with quality of product and fit-for-occupancy standards at handover.
