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PROPTECH-X ‘Proptech & Property’ News Weekly Roundup: Novyy | NAPB | ResidentIQ

What is the demand for student accommodation?

According to The Founder and CEO of Novyy, Ashish Saraff, “In recent years, student accommodation has been referred to as the greatest performing asset in the United Kingdom”.

Tantalisingly though he adds, “Is this the secret to reaping the greatest financial rewards from a property investment, or merely a pipe dream?”

Ashish Saraff then gives a much fuller thesis, saying that “there has been an exponential increase in student desire for the whole university experience since the COVID-19 pandemic. “

With limited student budgets and escalating living costs, it is difficult for students to find housing on campus, forcing them to look for alternatives such as the private rental sector.

NAPB: Just 500 new homes being built every day across England, latest figures reveal

PRESS RELEASE: Only 500 new homes a day are being built across England every day – leaving a whole generation of people facing the prospect of being unable to own a property.

The figure, uncovered by the National Association of Property Buyers, comes months after the Government abandoned a target to build 300,000 new homes a year.

Latest figures show why Ministers decided to take that step.

Analysis of the latest official data by the NAPB, shows 46,230 properties were constructed in England between April and June last year… which is about 500 a day.

That’s way off the Government’s previously stated target of around 830 a day. 

US NEWS: ResidentIQ Launch Provides More PropTech Choices for Residential Property Management Companies

PRESS RELEASE: Inhabit has launched ResidentIQ a first of its kind ecosystem for residential property managers. This new solution provides technological innovation and best-in-class solutions while maintaining the efficiency of their existing core property management system (PMS). ResidentIQ by Inhabit brings comprehensive offerings in the operations, resident engagement, insurance, payment, and screening solutions within one simple relationship designed to pair with your existing PMS.

Gustavo Sapiurka, EVP & Managing Director of ResidentIQ, said “Property managers love the idea of a single invoice, contract, and point of contact. ResidentIQ provides all of that, plus a host of product experts under one umbrella in a completely flexible and customizable ecosystem.”

The Proptech-X Weekly Roundup in association with Estate Agent Networking.

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Andrew Stanton Founder & Editor of 'PROPTECH-X' where his insights, connections, analysis and commentary on proptech and real estate are based on writing 1.3M words annually. Plus meeting 1,000 Proptech founders, critiquing 400 decks and having had 130 clients as CEO of 'PROPTECH-PR', a consultancy for Proptech founders seeking growth and exit strategies. He also acts as an advisory for major global real estate companies on sales, acquisitions, market positioning & operations. With 100K followers & readers, he is the 'Proptech Realestate Influencer.'