How about we go straight to the source then if you think it's questionable:
Here's Unite Group's annual report: https://www.unitegroup.com/annual-report-and-accounts-2024 Download the PDF and you'll find the 97.5% occupancy rate. You know a lot of these news sources exist because digging through annual reports is laborious and not immediately accessible to the masses. They're reporting on what Unite Group, a public company, is reporting. It's making something more digestible.
They're not just making up numbers. They'd end up without much business if they were. PBSA is a big industry.
Here's another take (though a year older) from Cushman and Wakefield: https://www.cushmanwakefield.com/en/united-kingdom/insights/uk-student-accommodation-report
Like CBRE, they're also reporting supply shortages. Again, to be occupied by students.
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Regards,
Lin
Maths Essentials Summer 2025.pdf
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