Octopus Real Estate’s Student Accommodation Impact Report surveyed more than 1,000 students who currently attend or have completed a degree at a British university.
The study found that students living in PBSA were 15% more likely to achieve top grades than those living at home.
Students living within PBSA were also more likely to be “very satisfied” with their mental health (34%) compared with those living in halls (23%).
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Four in 10 first-year students living in PBSA rated technology facilities as “excellent”, compared with less than a quarter living in halls.
Gavin Eustace, head of residential development at Octopus Real Estate (pictured above), said: “Purpose-built student accommodation accounts for under a third of the market, but the sector is growing strongly and offers a huge opportunity for developers.
“We’re proud to champion this sector as demand for specialised student accommodation continues to rise.
“At a time when the job market and financial pressures for students are so high, developers are making a positive impact with PBSA on student academic performance and health.”