How smart is it to invest in the Student Housing industry in Europe?

The increase in students attending higher education has led to a massive restructuring of the student housing industry. Over the last decade, the student-housing market has rapidly grown and seen various record levels of investment. This is mainly due to the increase in enrolment of students in higher education institutions. Not only this, but the number of international students in Europe has also been on the rise.

In 2014, there were a total of 4 million international students studying in Europe. By 2020, the total number is expected to surpass 7 million international students, which clearly indicates an incredible growth. Moreover, because of high rental prices for private housing markets, the demand for affordable student housing is rising. Most students, especially international and foreign exchange students prefer to live in student housing facilities. As a student, living in a student housing facility, or dormitory offers you the opportunity to interact with fellow students and get to know them better.

It is a straightforward way to build a social lifestyle at university outside of the campus itself. Events usually take place at dormitories, which also helps aid with the level of interaction between students. For international and foreign exchange students, this is a pretty vital aspect considering the usual scenario where they move to a new country and do not know anyone there, making student housing facilities and the social atmosphere very fundamental for them.

Overall, the relevance of student housing is depicted here so far, but what exactly makes it a good industry to invest in?

Further in this blog, several nations are analyzed on their student housing markets and the opportunities they offer for investments. All data recorded has been researched by JLL.

Germany is widely known for its ability to attract a great number of international students from all over the world, mainly as a result of the country’s low tuition fees and quality of education. Germany possesses the largest student population in all of Europe. Not only this, but over the last decade, the total number of students in Germany has risen by 28%. Amongst this statistic, only 1% is made up of part-time students, clearly depicting a high demand for student housing in the nation. Unlike the high demand for student housing in Germany, the level of supply is not that great due to the large number of students. Because of this, some students rent shared apartments or studios from private housing markets. With an increase in supply of student housing, the profit from investments is almost certain.

The Netherlands is one of the most popular destinations for international students in Europe. In fact, the number of international students in the Netherlands has actually risen by an incredible figure of 164% over the last decade, indicating a clear high demand for student housing in the country. Since it is very uncommon for universities in the Netherlands to have their own student housing facilities, the market is mostly occupied by private businesses such as DUWO, The Student Hotel, and XIOR Student Housing. The Student Hotel and XIOR have been investing well in Dutch student housing over the last few years, with several new locations being opened across the country. Moreover, supply levels for student housing are pretty stable in the Netherlands. However, rent prices can be pretty costly for students, especially in the Randstad region that includes Amsterdam, The Hague, Rotterdam, and Utrecht, which all possess a very large number of student populations. Because of this, investing in building student-housing facilities at lower rent prices would be a pretty profitable and popular choice for students

Spain is another famously known country for its student body. The country is a popular destination mainly due to its year-round sunny weather and social life of students. As a result, a large number of students are doing their Erasmus semester studies abroad in Spain: Mainly in Madrid or Barcelona. Supply for student housing in Spain does not stand at a positive level. Approximately 5% of all students live in PBSA (Purpose Built Student Accommodation), and most of those usually stand at a full occupancy level. This highlights the relevance of increasing the supply of student accommodation, especially for internationals. Not only this, but with rent prices being quite high in cities like Madrid and Barcelona, Spanish students tend to remain living at home with their families. Investing in this market for a higher supply of affordable student housing would be very profitable for students in Spain.

The previous countries were analyzed on their status in student housing markets and the potential for further investments. The figure above also depicts the levels of supply and demand. Although only a few countries were listed in this blog, other countries such as the United Kingdom, Italy, and France also possess similar prospects. Some countries already have major players of student housing in these markets, but the opportunity for entry is still there and is a profitable choice.

Overall, not only does investing in student housing in these markets make a profitable benefit, but it also provides students with the opportunity to find more affordable rent and be part of a socially integrated student body. .

Create the perfect customer experience for your students by implementing SALTO KS into your business. Contact us for more information..

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SALTO KS provides a flexible access control management system that requires no software installation or the added expense of a fully-wired electronic product. Modern cloud-based, wireless access control system is easy and simple to use for businesses including Coworking Spaces, Coliving Buildings, Purpose Built Student Accommodation, Retail, Multi-Tenant Housing, Gyms and many more. Our best in class wireless access control solution and smart locks guarantee the efficiency for your business. Integrate smart locks, start easily managing wireless access control now!

Student housing in Australia: The Global Investment Summit

Around the globe the coliving movement is strong, and the land down under is no exception. As big fans of the Class of 2020, the biggest conference on student housing, our Australian team including Cedric, Robert and Dennis visited the Global Investment Summits in Melbourne and Sydney for some much-appreciated insights on the student housing movement in one of the worlds most urbanized countries.

Especially for students and young adults the world is their oyster. This generation is able to study, work and therefore live wherever life takes them. No wonder real estate developers are aiming for these digital nomads. Melbourne, however, has the highest number of students but the market for student accommodation is still not properly equipped. Investors are certainly interested but need some security in return like operational quality. The government is carving out a relatively high budget and has a strong, strategic and supported drive to attract international students to overcome the unpopularity of travelling within Australia that results in a market delay regarding student housing.

Luckily not only in the UK but also in Australia student housing providers are acknowledging their influence on the mental health of their young tenants. It’s a known fact loneliness is a big issue for the generation that’s famous for their ability to connect online, but struggle the most connecting with like-minded people offline. Student housing, therefore, is a welcome solution to overcome that sense of loneliness and connect and engage in real life.

A new trend is coliving when university ends: Fresh out of university graduates that are used to living in PBSA (Purpose Based Student Accommodations) would like to continue this way of living, at least until they're landed on their (corporate) feet, particularly in Sydney where living isn’t affordable at all operators have a great opportunity of establishing a successful coliving community. Coliving is a welcome solution to this problem and is applauded by the government. However, hybridisation occurs when it’s unclear where PBSA ends and coliving begins. To tackle the planning challenges in Australia competitors need to work together and define what student accommodation, coliving and hospitality exactly entail in order to make it a success.

We find ourselves at the forefront of innovating student housing. Let’s shape the student living of tomorrow together.

Thank you Scape and Savills student accommodations for hosting the Global Investment Summit in Melbourne and Sydney.

Meet the SALTO KS team this 23rd of May at the German Regional Session in Frankfurt!

Read our recap of the worlds first coliving conference here or learn more about the student housing movement in Asia here.

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SALTO KS provides a flexible access control management system that requires no software installation or the added expense of a fully-wired electronic product. Modern cloud-based, wireless access control system is easy and simple to use for businesses including Coworking Spaces, Coliving Buildings, Purpose Built Student Accommodation, Retail, Multi-Tenant Housing, Gyms and many more. Our best in class wireless access control solution and smart locks guarantee the efficiency for your business. Integrate smart locks, start easily managing wireless access control now!

Recap of the first global Coliving conference

During a meeting at a coliving space in Serbia, the founders of the Coliving Hub decided to establish a movement to promote, facilitate, educate and provide the means to develop the coliving industry on a global scale.

Fast forward to this April: SALTO’s Vertical Business Development Manager Christian Schmitz witnessed two days of powerful talks at the very first Global Coliving Conference in beautiful Las Palmas, Gran Canaria hosted by Coliving Hub.

Coliving Hub is determined to change the way to market coliving accommodations like PBSA and co-create places that inspire and enable personal and collective growth. They are on a roll with their fast expanding network of digital nomads, remote workers and new ways of living and needless to say, we’ll accompany Coliving Hub every step of the way leading to this admirable goal.

Aiming for the closest look possible on anything coliving, the conference was filled with like-minded people, tips and tricks right from the heart of the industry.

Read on to find out what insights we’ve collected from the conference:

Mental health

Jeremiah Adler CEO and founder of Up(st)ART emphasized on how coliving is on the other spectrum of real estate in terms of it's human aspect. Coliving is making the world a better place in more ways you could imagine. Take for instance the fact that Millenials and gen z (the generation that comes after Millennials) are the loneliest generation: 48% say they are lonely and 37% of gen z have sought mental health treatment. Loneliness is worse than smoking 15 cigarettes a day, more dangerous then obesity and will increase your likelihood of death with 29%. The regular landlord doesn’t care for such personal issues. Here comes in coliving: Somewhere you can build upon supportive relationships to overcome loneliness. A home where you can flourish. Emotionally, mentally and physically. Communities where we feel belonging, communicate authentically, and are able to grow together.

A frequently used saying is ‘You are the average of the five people you spend the most time with'. But thanks to coliving we can change that into 'You are the average of the five people you are coliving with’.

Choose wisely.

Rent

Why in the world would you pay for something you are not using, right? This is a fair question even while standing in your own kitchen. When is the last time you actually used it? There is a better way of spending the $ 2100 a month that you now pay for the usage of probably 10% of your whole house, like on your passion(s). Move into a coliving facility and say goodbye to throwing away your money and get inspired by the people surrounding you along the way. Up(st)ART’s has a mission that enables young people to move to any city in the world with just $ 1000 in their pocket. We couldn’t applaud this initiative more.

Policy and regulations

When opening up a coliving space, collaboration with council authorities and planners is important. A good start would be to learn the language of real estate developers. Work together with a professional planning specialist in order to show the authorities how your coliving space will benefit the community especially in regards to social value and economic returns. Emphasize on how coliving spaces are boosting the local economy worldwide by providing it’s residents with a more positive and inspiring living experience.

The ideal coliving space

There are four pillars that hold up a successful coliving space: Smart design, a sustainable financial model, wise management and operations and policy. Within these four pillars factors like well trained on-site staff, clear communication and tech integrations are all working together to foster a strong sense of well being for your residents.

Your residents are the ones that make or break the space. Set up values to build a strong community. Get inspired by these examples:

  • Mindfulness of others and oneself

  • Inspired by nature

  • Personal development

  • Dynamism and practicality

  • Sharing of resources

  • Artistic expression

  • Co creation
  • As a proud sponsor together with Kindred Quarters, Spegc, The fizs and Urban Adventurers we were proud to see that Fanny Caloz (Co-founder Swiss Escape), Maria Sirotkina (Coliving founder), Rod Cook (Founder of Retreats), Hazique Memon (Co-founder Swiss Escape), Jacob Shapiro (Account Manager Outpost Club Coliving), Christine McDannell (Founder of Kindred Quarters), and Restation made the Coliving Hub conference a huge success! Thank you!

    More on coliving? Read the recap about the class of 2020 in Warsaw, Poland here

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    SALTO KS provides a flexible access control management system that requires no software installation or the added expense of a fully-wired electronic product. Modern cloud-based, wireless access control system is easy and simple to use for businesses including Coworking Spaces, Coliving Buildings, Purpose Built Student Accommodation, Retail, Multi-Tenant Housing, Gyms and many more. Our best in class wireless access control solution and smart locks guarantee the efficiency for your business. Integrate smart locks, start easily managing wireless access control now!

    The biggest in coworking: GCUC USA

    Since 2011 GCUC (the Global Coworking Unconference Conference) has brought together more than 7000 game changers from around the globe and hosted 24 international conferences. This April GCUC stepped up their game even more and organized their biggest event so far: GCUC USA in Denver.

    For four days the SALTO KS team that travelled to the USA for this exciting event were surrounded by business owners, entrepreneurs, technology and marketing experts, and thought leaders in the coworking industry. Our friends from GCUC launched this largest coworking series in the world, which was, in fact, the biggest unconference we have seen over the last few years. It was great to see that, in terms of numbers, the attendees and sponsors were at an all-time high: The perfect setup for networking, collaborating and showcasing with the biggest and brightest in coworking!

    The unconference part of GCUC is what makes this conference so unique and successful: The visitors get to decide what topics are discussed during the day. Topics that are voted up even get their own break out session. This approach gives space owners, members, suppliers and all others that touch coworking on a daily basis the platform to get answers to questions right from the heart of coworking.

    At GCUC USA in Denver, SALTO was represented by the dream team that included: Ron Shaffer, Miles Ethridge (SALTO US), Xabier Martinez de Apellaniz MdA (SALTO HQ) and Bryan Leong (SALTO Asia). Coming from four different backgrounds and age groups (try to guess which one) the team stood out and the message that SALTO is able to support customers from anywhere around the globe was clear for all visitors.

    Being the only provider for cloud-based access control at the event, the KS team was able to answer the many questions regarding integration solutions: To run a coworking space is not an easy job that’s why SALTO KS can be integrated with management software to make coworking space owners lives easier. The KS team collaborated with the Salto KS Partners showing the features and great potential of the integration with coworking management software solutions like Nexudus, Office RnD, Cobot and Yardi Kube.

    In the world of coworking, the community is one of the most important drivers. It was amazing to see a group of people this big including corporate executives, entrepreneurs, designers, (aspiring) coworking space owners, real estate visionaries and industry enthusiasts. There was no way of not getting inspired.

    There was no way of not getting inspired.

    Coworking is a global hype for some time now and will grow even more for many years to come. We certainly got the coworking fever during GCUC USA, now it is your turn. Click here to find out how SALTO KS can improve your space!

    More juicy insights on GCUC? Check out our recap of GCUC Asia here or read the GCUC coworking megatrend predictions for 2019 here.

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    SALTO KS provides a flexible access control management system that requires no software installation or the added expense of a fully-wired electronic product. Modern cloud-based, wireless access control system is easy and simple to use for businesses including Coworking Spaces, Coliving Buildings, Purpose Built Student Accommodation, Retail, Multi-Tenant Housing, Gyms and many more. Our best in class wireless access control solution and smart locks guarantee the efficiency for your business. Integrate smart locks, start easily managing wireless access control now!

    Student Accommodation in Central & Eastern Europe

    In Central and Eastern Europe (CEE) the PBSA forecast is looking promising. With a large number of higher education associations but the lowest number of international students the new government of Poland has adjusted it's strategy and are determined to commit financially to the internationalization of the country. Besides the known attraction of the historical culture, low-cost tuition and rent are also factors that are drawing international students to Warsaw and Prague.

    This April Vertical Business Development Manager Christian Schmitz and SALTO KS’s local Sales representative in Poland ‪‪Przemyslaw Dawidziuk‬‬‬‬‬‬‬‬ visited the ‪‪Central Eastern Europe Regional Session‬‬‬‬‬‬‬‬ in Warsaw to learn more about the rise of PBSA in Central and Eastern Europe.

    When in need for student talent good PBSA is of the utmost importance for a city. More and more governments are recognizing the problem of not having clear regulations around this important topic in check like zoning plans. They are slowly but steady owning up to their responsibility of attracting talent.

    "A lot of countries can be daunting for outsiders; a lot of legal bases, different banking, different planning and to really get into it for business, you need to take longer to get comfortable." - Armon Bar-Tur, CEO of BaseCamp
    Warsaw

    In recent studies, it comes to the surface less than 10% of the students‬‬‬‬‬‬‬‬ in the Warsaw district are not content with their university dorms. This comes to no surprise considering the current number of students is now 250.000 and only 18.000 beds are provided to them. Immediate investment in student accommodation is becoming pressing every day, but on a more positive note: This is a big opportunity to create that needed flourishing student community in this area.

    Warsaw

    In order to attract top talent students from abroad, Eastern Europe is demanding good PBSA now more than ever. Even though the costs of living are quite low at the moment, accommodations that are built and maintained solely for students just might be one of the biggest decision makers for students that are debating to move to a foreign country. Students nowadays value experiences, interaction and the feeling of a community more than material belongings; this is exactly what PBSA ignites.

    "Quickness to adapt to students' preferences may vary from operators to operators rather than from region to region" - ‪Billy Kontoulis‬‬‬‬, ‪‪ASK4Broadband‬‬‬‬‬‬‬‬

    For the most part (60 up to 70%) students rent property from private investors with a small portfolio of 2 to 10 apartments each. The costs are usually low, as is the quality of the property. If students got to pick, most of them would choose an en-suite room with high quality shared conveniences rather than studios. For students the location of their dorms is a number one priority, this not only counts for students within CEE, but around the globe.

    Through organizing high-quality events in several different countries, original research and partnerships with higher education institutions, city leadership officials, real estate developers, providers, and investors The Class of 2020 created a network committed to making student living efficient, international, and welcoming.

    Warsaw

    Their vision is for cities to attract and retain the brightest young minds, and for them to lead the way to social and economic success in return.

    We stand at the forefront of innovating student housing. Let’s shape the student living of tomorrow together.

    Meet us at The Class of 2020 in Frankfurt the 23rd of May!

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    SALTO KS provides a flexible access control management system that requires no software installation or the added expense of a fully-wired electronic product. Modern cloud-based, wireless access control system is easy and simple to use for businesses including Coworking Spaces, Coliving Buildings, Purpose Built Student Accommodation, Retail, Multi-Tenant Housing, Gyms and many more. Our best in class wireless access control solution and smart locks guarantee the efficiency for your business. Integrate smart locks, start easily managing wireless access control now!

    The Class of 2020: Spain Regional Session

    This March Christian, Coliving/PBSA VBDM (Vertical Business Development Manager) visited one of our favourite conference series in student housing: The Class of 2020. This time we got to visit sunny Valencia, Spain! ‘Home away from home, hospitality leading the way in PBSA’ was the theme at this particular conference and as always a lot of interesting findings were presented to the audience.

    Continue reading and find out how hospitality is leading the way in the Purpose Based Student Accommodation sector in Spain.

    ‘Hospitality in student housing goes beyond good marketing. It is about the day to day service, support and care that distinguishes providers in and across the Spanish market’ - Jorick Beijer , The Class of 2020

    A lot of student housing providers in Spain have been focusing mainly on showcasing their welcoming Spanish culture to students. With hospitality running through the veins of this country it doesn't come to a surprise this is shaping the design, development and operation of their student-housing sector. In Barcelona, Madrid and Valencia student housing has exploded over the years (The growth of the number of students in Spain over the last 10 years is 7.7%!) and has become a real selling point for these cities. During the conference, the trends panel questioned the ‘changing needs’ that occupy students and younger generations in Spanish cities and ‘what trends are representing student living’.

    Now the student accommodation market is evolving it goes without saying student housing providers are going above and beyond to attract students. Once a trendy interior and a vibrant community are established something else becomes more important: Hospitality. The hybrid brands that are merging hospitality with PBSA work their way right into the hearts of the students, making them feel at home and therefore more productive. But where exactly do we see the hospitality industry blending into PBSA and what are the key offers that set apart these brands?

    Designed to meet the expectation of the millennial-minded and anyone who embraces their attitude to share, spontaneity and experience, Jo&Joe is a new hospitality concept that blends the best of hotel and hostel formats. - Cédric Gobilliard, SVP Lifestyle DivisionAccor

    By focusing on student’s feedback, providers are using this data to drive their products, blending hospitality into their accommodations and branding. By setting the right expectations and being able to deliver on hospitality promise, providers and operators attract prospects and retain current students taking into account that the new way of student teaching will be remote rather than on University premises.

    Overall, the ranking of the list seems pretty conclusive in terms of which cities are the top destinations for students. Besides the quality of education, affordability and city life to come out on top as the most vital aspects of what makes a city a good student city. As previously mentioned, Berlin and Munich come out on top in this case whilst other cities fall a little short but still with good scores. Germany, Spain, and Austria possess factors that outdo other cities, these countries possess the best student city destinations in Europe.

    Student housing is transforming into a service. Focusing on the independence, security and comfort of the students. Rather then a place to lay your head in between studying and chuck some midnight noodles it's about creating experiences; this can be enabled by outstanding staff members, flawless operations and community engagement.

    Can’t get enough of the Regional Session in Valencia? Download The Class’ presentation here .

    Join us this November for The European Class Conference in Berlin, Germany: The must attend for real estate, higher education and government high-level professionals.

    Read our previous blog post and discover which cities made it to the top of the class regarding student appreciation according to a study of The Class of 2020.

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    SALTO KS provides a flexible access control management system that requires no software installation or the added expense of a fully-wired electronic product. Modern cloud-based, wireless access control system is easy and simple to use for businesses including Coworking Spaces, Coliving Buildings, Purpose Built Student Accommodation, Retail, Multi-Tenant Housing, Gyms and many more. Our best in class wireless access control solution and smart locks guarantee the efficiency for your business. Integrate smart locks, start easily managing wireless access control now!

    The Global Investment Summit: Singapore, Shanghai and Hong Kong

    February has been a busy month for the future of living: Three events were scheduled throughout Asia to connect student-housing operators with global investors. SALTO’s Asia Pacific teams visited The Global Investment Summit organized by The Class of 2020 in Singapore, Hong Kong and Shanghai.

    The Class of 2020 is Europe’s leading platform for all topics related to student living. This exclusive event series called ‘The Global Investment Summit’ was organized in multiple metropolises around the world like Dubai, Sydney, Melbourne and New York City.

    During the Global Investment Summits industry leaders, investors, wealth funds and other stakeholders get to network, explore the most important trends in student housing and coliving and overall help shape the future of this emerging market. For cities to be economically successful it’s important to be able to host intelligent students that develop a personal connection with the city, which makes them want to stay. The knowledge shared while networking during the summit is meant to eventually propel student housing to the next level.

    Now, read what we’ve learned about student accommodation and coliving on a global scale!

    “Bite-sized, personalized learning is a key driver to attract international students into Singapore” - John Fong, CEO and Head of Campus at SP Jain School of Global Management, Summit Singapore

    Singapore

    The Global Investment Summit kicked-off in Singapore: The dynamic city full of student housing potential. In Singapore Purpose Built Student Accommodation is provided by the universities versus the UK where PBSA usually is part of private real estate. More capital is injected into the market space; this results in product optimization and operational excellence. With such a big demand for coliving, hybrids are popping up. It’s important to understand the difference between PBSA, co-living, serviced apartments and hospitality. Operators are in search of amenities like gyms and libraries to create the perfect member experience for young professionals. Because of the strict housing policies in Singapore, it can be challenging to offer flexible housing options that can accommodate short stays or attract and retain talent.

    "Now that about 70% of students are booking accommodation online, a strong online presence is vital” - Director of Partnerships at The Student Hotel, Summit Shanghai

    Shanghai

    Real estate in Shanghai is tremendously high in demand due to its international community. In China, the student housing market is relatively slow in growing. This is because of the traditional way of renting a house, which can be a difficult task when you don't understand Chinese, which a lot of foreign students don't. Because small spaces are in abundance in Shanghai space operators see this as an opportunity to change the way of living entirely. Because almost all the students are looking for accommodation online it's important to have a strong online presence. All technologies that safeguard a great member experience starting off with onboarding are very much applauded. Cognition through partnerships with universities or local businesses and events help attract the targeted audience and enables operators to focus on their main product. Students tend to develop personal relationships within their accommodations, which make them want to renew their contracts. This makes investing in Shanghai PBSA very interesting.

    “Co-living isn’t about communal living, it’s about collaborative living” - Sachin Doshi founder and CEO of Weave Co-living, Summit Hong Kong

    Hong Kong

    Hong Kong is rich, but also very concentrated in population. Hong Kong is trying to maintain that high quality of life and therefore have a high need for living solutions. There’s still a blurred line between coliving, serviced apartments and living spaces. What differentiates them is the cost and length of the stay. Young digital nomads have three main demands for their accommodation: Community, flexibility and technology. Operators are using their social media channels to show in what ways they can accommodate these demands. Smart design concepts are embraced to make efficient use of the small spaces in this urban city. By gathering local data like space accupancy the needs of students can be mapped so the student experience can be optimized.

    One of the biggest challenges remains growing your business when you want to own the property. This is the reason investors are investigating other options in countries like Japan and India.

    Continue reading about The Class of 2020 in Milan, Italy here or discover what the 5 trends in student housing are.

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    SALTO KS provides a flexible access control management system that requires no software installation or the added expense of a fully-wired electronic product. Modern cloud-based, wireless access control system is easy and simple to use for businesses including Coworking Spaces, Coliving Buildings, Purpose Built Student Accommodation, Retail, Multi-Tenant Housing, Gyms and many more. Our best in class wireless access control solution and smart locks guarantee the efficiency for your business. Integrate smart locks, start easily managing wireless access control now!

    GCUC Shanghai 2018

    The last month of 2018 the teams from SALTO Hong Kong, Singapore and China visited our favourite event in coworking: GCUC. This time the GCUC team touched down in Shanghai, which made this the most cross-border coworking summit in history!

    With the theme "Work Better, Work Smarter" GCUC China used this opportunity to showcase the innovative model of coworking spaces and the way this will fit perfectly in the lifestyle that young Chinese people will experience in the future.

    "When I feel the vibrancy of the co-working scenes in NYC, Singapore and Shanghai, it makes me very happy we are part of this coworking wave" - Bryan, SALTO Systems Singapore

    GCUC Shanghai

    Some people still think of the coworking community as something that’s hip and trendy now and eventually will fade, but not many people are aware that coworking is not a new concept. In just a little under the past 2 years, coworking has revolutionized the traditional office space and will continue to revolutionize the way real estate has been used, which will make a big impact on the way people are working on a global scale.

    Many world leaders embrace open borders, globalization and free trade. They envision the benefits of the co-sharing economy this will eventually lead to. Air travel, the Internet and technology have made us more connected than ever before. This not only applies to the geographical regions of Europe, Asia, the US or China, but the world as one big connected geographical area.

    GCUC Shanghai

    "More and more corporates are looking to use flexible offices not only to reduce costs but to get closer to innovation, in China, this trend is already happening. They are moving into spaces and getting a closer look at startups." - Bob Zheng, founder People Squared (P2)

    This year’s event focused on optimizing and upgrading traditional work methods taking the entrepreneurial spirit and the team working style of coworking spaces as a basis and look to extend concepts to leisure time and hours outside of work. The event incorporated aspects of lifestyles related to coworking spaces, real estate, entrepreneurship and design. New lifestyle trends related to fashion, music, entertainment, new retail and other fields brought a more in-depth perspective on coworking space models that represent a growing trend for young Chinese people going forward.

    GCUC Shanghai

    GCUC Shanghai was hosted by Shanghai-based coworking space brand People Squared (P2). Founded in 2010 by Bob Zheng coworking space brand P2 was the first space that introduced coworking to China and has opened 30 spaces since then. P2 merged with smaller coworking space Walnut founded in 2015. Together they need to stand up against the greats of coworking like Ucommune and WeWork. Zheng says this is not necessarily a problem since people are looking for more unique and independent spaces. With GCUC as the binding factor coworking spaces will continue to unite and work together to eventually change the way, we work everywhere.

    GCUC is the world's largest coworking space industry summit. Attracted by China's original coworking space brand People Squared (P2), the event came to the country for the first time in 2015. GCUC China assembles domestic and international coworking brands and leaders from related industries to discuss the future trends for the sector as well as changing lifestyles in China.

    Take a look at our previous blog post about GCUC UK that was held in September last year!

    Looking into ways to raise your coworking space to the next level? Contact us for more information about how we can help you take care of access control, which with SALTO KS will become one of the main benefits of your space!

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    SALTO KS provides a flexible access control management system that requires no software installation or the added expense of a fully-wired electronic product. Modern cloud-based, wireless access control system is easy and simple to use for businesses including Coworking Spaces, Coliving Buildings, Purpose Built Student Accommodation, Retail, Multi-Tenant Housing, Gyms and many more. Our best in class wireless access control solution and smart locks guarantee the efficiency for your business. Integrate smart locks, start easily managing wireless access control now!

    The Class Conference 2018 in Milan, Italy

    With 650 attendees coming from all over the world this year The Class of 2020, Europe’s leading platform for all topics related to student living was the perfect opportunity for cities, universities and the real estate community of Milan, Italy to join forces.

    As an official partner of The Class of 2020, SALTO couldn't be more proud to see The Class Conference in Milan was the largest event up until now. This November the conference filled two days with the finest in PBSA (Purpose Built Student Accommodation), as well as coliving identifying the current needs and shape student living of the future, ensuring the 650 attendees that travelled from 27+ countries got exactly what they were coming for.

    “PBSA is critical to attract international students. It is integral to provide good housing, with service and security” - Jorick Beijer, Director of The Class of 2020

    The conference presented the exciting opportunity to connect with the European network of student living. City leadership and the higher education community are working together to shape the future of living, working and learning across the globe. Gaining an insightful look into all topics related to talent attraction and student living in order to build ecosystems where student living feels efficient and welcoming is therefore of the utmost importance.

    This year’s theme was: ‘From Post-Industrial City to the New Urban Campus’ focusing on cities repurposing their former industrial areas and transforming them into the beacons of innovation for the next economy. Enabling their universities to morph into the backbone of the innovative ecosystem they need to become in order to attract young students. Urban campuses lead the way to social and economic success by being the melting pot of living, working and learning. Milan is aiming for a greater share of the international higher education marker and could double student numbers, according to a research project conducted by the city and student housing think tank.

    “PBSA the easy times are over, so value creation through product development and a strong focus on operations is key.” - Vincent Rouget, MD Perella Weinberg Real Estate

    Our very own Aznar from Spain, Christian from Germany, and Fabrizio, Alessandro and Michele as deputies from the Italian SALTO Business Unit visited The Class of 2020 representing SALTO KS with our very own booth. With SALTO’s electronic lock portfolio manufactured in Spain fitting any type of door worldwide, we were able to showcase a solution for the international audience that visited The Class of 2020. It was good to see the familiar as well as new faces that were showing their interest to integrate SALTO KS functionality. By becoming a KS Connect Partner, student housing providers can Integrate their own, or their preferred software solution with SALTO KS resulting in the ultimate customer experience providing access on the go and instant real-time lock communication as main benefits.

    the class of 2020

    It was great to see our product portfolio has many solutions for use cases not uncommon in the student-housing sector. With real-time lock communication to a third party coliving platform, KS enables solutions for several use cases. For instance:

  • Receive a notification when a dorm room is left open: ‘Dear…, we noticed your room is still open, would you like to close it?’
  • Receive a notification informing you when the main entrance is left open at night
  • Set up an automatic notification for new students. They receive a notification when they open their room for the first time welcoming them to the campus and give insightful information
  • With the XS4 lock installed, the inside handle triggers the elevator of the building to make it’s way to the right floor right away, saving your students several moments of waiting time
  • One of this year’s highlights ‘Campfire chats’ was initiated with students leading the conversation on their living preferences, offering us more helpful use cases of the KS solution. Click here for more TheClassof2020 highlights!

    campfire chats the class of 2020

    #ClassConf2019 will be held in Berlin due to the city’s talent for education and innovation that is a magnet for internationally skilled students. You can register here for The Class Conference that will mainly focus on ‘Blended Living’ in 2019. Following Berlin, The Class of 2020 will join forces beyond Europe. Expanding their barriers to Singapore, New York and Sidney for starters.

    Read The Class Annual Trend Report of 2019 here and take a sneak peek to find out what Berlin’s got in store for us next year.

    Discover how SALTO KS can improve your students' experience, click here to receive a quote or find out how you too can become a KS connect partner by integrating your management platform with SALTO KS.

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    SALTO KS provides a flexible access control management system that requires no software installation or the added expense of a fully-wired electronic product. Modern cloud-based, wireless access control system is easy and simple to use for businesses including Coworking Spaces, Coliving Buildings, Purpose Built Student Accommodation, Retail, Multi-Tenant Housing, Gyms and many more. Our best in class wireless access control solution and smart locks guarantee the efficiency for your business. Integrate smart locks, start easily managing wireless access control now!

    Coworking Europe 2018 hosted by B.Amsterdam

    This November 500 coworking space operators and facilitators from 45 different countries gathered in the impressive B.Amsterdam B1 building to attend Coworking Europe 2018: The annual place to be if you want to keep track of the rise of coworking. In this year’s edition, all topics related to coworking were discussed from three interesting perspectives: Business, trends and impact.

    coworking europe

    Coworking is reshaping the way we work in a rapid pace. Working people are not the average ‘9 to 5 employees’ anymore. They are independent business travellers, digital nomads and flexible professionals. These people need a solid community and want to experience the new and efficient way of working: Coworking.

    Amsterdam is the perfect location to host this year's Coworking Europe conference. With a fast-growing coworking community due to an increase of freelancers and entrepreneurs, Amsterdam is one of the biggest startup cities in Europe.

    coworking europe

    As a proud sponsor of the conference, it was good to see all the great names in coworking gathered in the stunning venue that is B.Amsterdam. Together with our integration partners Zapfloor, Nexudus, Office R&D and Bisnerr we enjoyed powerful discussions among inspiring speakers. One of them being the Co-founder of Clay. Rick Voogt participated as a panel member in the discussion on ‘How to automate your space so you can focus on what's most important: Hospitality and community’. The key outtake is every coworking space’s needs can be different due to size, target audience or even location. But having well-connected software will make all the difference in running a space but also providing a unique seamless member experience.

    “Putting smart products into your space will bring you your deserved revenue” - Rick Voogt, Co-founder Clay

    At the beginning of this year, we foresaw a trend in coworking that would create a ripple effect during 2018: Automation. People will work alongside machines more and more: A.I. will be applauded instead of frowned upon. New technologies in workforce management and HR software will enable space managers to collect data and speed up unnecessary long processes. With all this newfound efficiency, these managers won’t have to focus on the ‘pile of paperwork’ anymore and find time to focus on building a strong community enforcing the relationship with their members. Being enabled to have more time for human interaction also means we get a chance to beat modern illnesses like burnouts. With A.I. embedded in the workplace, people will become healthier and happier.

    coworking europe

    With its 40.000 square meters and three buildings, B. Amsterdam claims to be the biggest startup ecosystem in Europe. The B.1 is a creative workspace for innovation, education and growth and houses more than 350 pioneering companies, a rooftop restaurant overlooking Amsterdam, a rooftop park, coffee lounges, parking spots, a small cinema and even a gym for its customers! All of this made B. Amsterdam building 1 the perfect venue for Coworking Europe 2018.

    "Coworking is more about people than about buildings" - Thom Wernke, Co-founder StartDock

    Coworking Europe is an annual conference featuring the rise of Coworking and its impact on entrepreneurship, innovation and, overall, the future of the workplace. The conference was founded by Jean Yves, CEO of SocialWorkplaces.com and organizer of Coworking Europe, Coworking Africa and the Coworking India conferences.

    coworking europe

    The Coworking Europe Conference was launched in 2010, in Brussels, Belgium. It has already been launched in Dublin, Brussels, Berlin, and Barcelona, and has managed to create an amazing community of space owners, operators and stakeholders who aim to engage with the local community wherever they go. Coworking Europe 2018 in Amsterdam was the ninth conference organized in a row.

    coworking europe

    Click here for an overview of all the slides of the Coworking Europe event 2018 speakers.

    More on coworking? Read this comic book created by our integration partner Nexudus: Nexudus: The Dawn of Coworking comic book

    Curious how SALTO KS can help you automate your space? Contact us, we are happy to help!

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    SALTO KS provides a flexible access control management system that requires no software installation or the added expense of a fully-wired electronic product. Modern cloud-based, wireless access control system is easy and simple to use for businesses including Coworking Spaces, Coliving Buildings, Purpose Built Student Accommodation, Retail, Multi-Tenant Housing, Gyms and many more. Our best in class wireless access control solution and smart locks guarantee the efficiency for your business. Integrate smart locks, start easily managing wireless access control now!