Newsletter
Register to the site for free, and subscribe to the newsletter. Every week you will receive the latest news in the education sector.


Skip Navigation LinksEI article
Mansion Group denies cuts will hurt sector

Student property fund manager Mansion Group have denied that cuts in university spending will have a negative impact on its business.

Universities are facing nearly £1 billion of budget cuts in the next financial year, which many claim will force them to cut student numbers.
 
But Mansion's development director Mark Stubbs urged investors to "look behind the headlines". "In London we have a situation where there are 15 students to everyone bed available," he said. "This is obviously a large imbalance between supply and demand.”
 
He added that "investors must put statistics in context", pointing out that predictions that Manchester University is to cut 200 places will mean just a 0.5% fall in overall numbers.
 
The Mansion Student Accommodation fund is listed on the Channel Islands Stock Exchange.

Posted on: 08/02/2010

EducationInvestor Subscriber Comments

To post a comment please sign in or sign up to EducationInvestor
return
Search news
and features



Go
In this issue
(pdf)
EducationInvestor Latest Cover