Connect with us

Economy & Market

Student housing amounts to $200 bn globally: JLL

Published

on

Shares

Lang LaSalle says in its new report that student housing sector is worth $200 billion globally. Jones Lang LaSalle’s Inc (JLL) is one of the world’s largest real estate service companies.

The report, released on November 8 attributed the figure to an increase in the number of students from Asia choosing to study outside of their home country.
The report said Asia has increased its market share as a source market for international students from 48 per cent in 2004 to 52 per cent in 2009.

In fact, the top-five source markets globally are China, India and South Korea, followed by Germany and France. Philip Hillman, lead director, Student Housing and Higher Education, JLL, said in a media release, that strong economic growth in the key Asian markets has fuelled higher education enrolments globally.

Over the past decade, countries like China, India and Vietnam have experienced rapid growth in the wealthier middle class, which has spurred demand for higher education and better housing options in destination countries.

According to the report, globally, study-abroad student numbers are expected to increase from around 165 million today to 263 million by 2025. Market transaction volumes worldwide for the year ending June 2012 were $4.7 billion, with more assets trading above $50 million, showing healthy investor appetite for this asset class.

While ownership of student housing has traditionally been dominated by developer-operators, increasingly, equity funds, sovereign wealth funds, pension funds, investment managers and REITs are entering the market.

Student housing is one of the most vibrant Indian real estate markets in the foreseeable future, said Anuj Puri, Chairman and Country Head, JLL India.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Concrete

Shree Cement reports 2025 financial year results

Published

on

By

Shares

Shree Cement posted revenue of US$2.38 billion for FY2025, marking a 5.5 per cent decline year-on-year. Operating costs rose 2.9 per cent to US$2.17 billion, resulting in an EBITDA of US$528 million—down 12 per cent from the previous year. Net profit fell 50 per cent to US$141 million. The company reported cement sales of 9.84Mt in Q4 FY2025, a 3.3 per cent increase from 9.53Mt in Q4 FY2024, with premium products making up 16 per cent of total sales.

Image source:https://newsmantra.in/

Continue Reading

Concrete

Rekha Onteddu to become director at Sagar Cements

Published

on

By

Shares

Sagar Cements has announced the appointment of Rekha Onteddu as a non-executive independent director, effective 30 June 2025. According to People in Business News, Rekha Onteddu is currently serving in a similar capacity at Andhra Cements, the parent company of Sagar Cements.

Image source:https://sagarcements.in/

Continue Reading

Concrete

India’s cement consumption set to rise

Published

on

By

Shares

According to a Moody’s report, India’s cement consumption is projected to rise by 50 per cent over the next five years, increasing from 445 million metric tons per annum (MMTPA) in FY24 to 670 MMTPA by 2030. This growth is expected to be driven by government infrastructure spending and rising housing demand, with an anticipated annual growth rate of 6-7 per cent. To meet this demand, major cement companies are likely to continue acquiring smaller, less profitable firms.

Image source:https://www.telegraphindia.com/

Continue Reading

Trending News

SUBSCRIBE TO THE NEWSLETTER

 

Don't miss out on valuable insights and opportunities to connect with like minded professionals.

 


    This will close in 0 seconds