The report additionally appears to be like at the occupancy of current scholar developments and mentioned they’re “now below anticipated levels”.
It provides: “Savills have a dedicated student accommodation team, and their research suggests that of these new schemes around 65% – 70% are fully occupied and at least one has sought to change planning to enable short term lets.”
The report echoes findings within the annual Belfast “crane survey” which was printed earlier this 12 months.
The survey, produced by Deloitte, analyses the progress of main building schemes within the metropolis.
It discovered that no new scholar schemes began building in 2025 whereas the previous decade had seen a continuing stream of latest developments.
It added that round 1,200 mattress areas have been nonetheless beneath building and are resulting from be delivered this 12 months.
