The future prospects are positive: the population of international students is expected to grow from 12% to 30% by 2020
In addition to the delivery of two existing operational French assets, Crosslane has ambitious plans to continue to develop high quality purpose-built student accommodation across France, with a target to deliver 10,000 beds in the next 5 years. Crosslane developments are facilitated with access to debt and equity finance provided by affiliated investment funds.
International students are now drawn to France in large numbers from around the world, although French speaking countries, such as Morocco are a major force. Its international student population is anticipated to rise from 12% to 30% of all students by 2020.
The current provision rate of student housing is amongst the lowest in Europe at less than 15%, presenting a huge demand supply imbalance in total numbers and Crosslane seek to capitalize on this opportunity.
France now offers 700 university courses in English which has helped it in more recent years to broaden the country’s global reach.