Plenty of room for improvement in student accommodation

There is plenty of headroom for development in the student accommodation sector, says Denis O’Donoghue.

The continued upward trajectory in residential rents has been well documented in recent months across all media platforms, with specific focus on the shortage of student rental accommodation in recent weeks in the aftermath of Leaving Cert results and third level offers being received.

With a new crop of third level students entering into the residential accommodation market in Cork this week, it is timely to take a look at how this cohort of the population will be accommodated for the foreseeable future.