Willmott Dixon has officially launched its dedicated development division, strategically targeting four key sectors, including purpose-built student accommodation (PBSA). This new initiative is set to play a significant role as developers align their efforts with the UK Government’s ambitious target of delivering 300,000 new homes each year. By establishing this focused development arm, Willmott Dixon aims to enhance its market presence and contribute positively to the PBSA landscape in the UK.
Focus Areas of the New Development Arm
The dedicated development division will concentrate on various sectors, with PBSA being a primary focus. This move reflects the growing demand for high-quality student living options as universities continue to expand their enrolments. The establishment of this division is a timely response to the increasing need for tailored residential solutions that cater specifically to the student demographic.
Insights from Industry Leaders
David Atkinson, Director of Development and Investment at Willmott Dixon Developments, emphasised the importance of this new venture at a time when the construction industry is poised to benefit from the upward trend in housing demand. “By launching this new arm, we aim to address the critical need for student accommodation while supporting the broader housing objectives of the country,” he stated. This initiative not only enhances the company’s portfolio but also positions it as a forward-thinking leader in the PBSA sector.