Nantes Nancy Nice Lyon Rennes Toulouse Bordeaux Rouen Strasbourg Lille Paris
FRANCE COUNTRY STATS
Student population: 0% 5% 2,438,000 %International: 10%
Top countries of origin
Typical domestic course fee: € 188 - € 259
Average montly rent in student accommodation: €263
10% China Morocco Algeria
15%
Top institutions
20% (Times World Rankings) École Normale Supérieure, Paris École polytechnique, Paris Pierre and Marie Curie University, Paris
Graph source: CROUS, Adele, Savills / *Number of rooms divided by number of students
National student housing provision rate 15%
Sources: see 36 Rental level inpage private residences €457 on average
fora studio and €542 for a 1-bedroom apartment / month
In spite of progress, student-housing supply 1-bedroom Studio Paris to meet demand, and there are vast still fails IDF (excluding Paris) Aix en Provence discrepancies in provision between cities. Nice Annecy Lyon MoreLille foreign student than ever are studying Average Strasbourg inMontpellier France, and there are plans to double the Marseille number Bordeaux by 2025.
Grenoble Toulouse Toulonhousing provision Student Rennes Rouen TotalNantes student housing provision is currently an estimated total Reims rooms, of which approximately 58% are public student of 375,000 Le Havre
accommodations managed by the CROUS. This results in a €0 €200 €400 €600 €800 €1000 €1200 €1400 significant supply shortfall compared to the 1.6 million students who wish to live independently. In France, the average student housing provision rate is currently 15.4% compared to 11.2% in 2012. This average masks large differences between cities, from 2.6% in Paris – which accounts for nearly 13% of the country’s total postgraduates and 19.3% of all foreign students – to 19% in Grenoble, the best equipped city.
Two operators run 41% of the student housing market Group Nexity Groupe reside Etudes
Studéa
Date
Type
1987 Developer / Manager
Les Estudines 1989
Market share 23%
Developer / Manager
18%
Le Club Edudiant
OSE
1989
Manager
9%
BNP real estate
Studélites
1990
Manager
8%
Arpej UniverCity
UniverCity
1989
Manager
8%
Gécina
Campuséa
2007
Owner / Manager
8%
-
1985
FAC habitat Dom’Ville services
-
1997
Espacil Habitat
-
1964
Suit’Etudes
2011
Park&Suites Etudes Source: Savills
52
Brand
Manager Manager
6% 5%
Developer / Developer Manager / Manager Manager
4%
The improvement of provision is due to the strong increase of development since 2012 – although the number of planned projects is slowing down. In total, 9,332 student rooms are planned over the next five years, of which, 3,800 are due for completion in 2015. In 2014 the government launched project “40,000”, with the aim of developing 40,000 public student rooms before 2017. Fifty per cent of these will be located in the Paris region (source: Savills). Rental growth from 2% to 3% The average national student housing rent is around €457 per month (including service charges) for a studio and €542 per month for a one-bedroom apartment. Over the past 12 months, rents have increased by 3% on average in Ile de France and by 2% in regional markets according to the latest survey from the OVE (Student Life Watchdog Agency). Since the “Loi ALUR” law changed last year, rental growth has been relatively limited. Indeed, the initial law enforced in 2012 aimed at capping rental growth for lease renewals in 28 cities exceeding 50,000 inhabitants. The law has now been extended to new leases for which the asking rent should range between -30% and +20% of the recorded median rent (source: Savills). Hollande announces “National Plan for Student Life” On 1 October, President François Hollande announced a “National Plan for Student Life” (in French, PNVE) including 35 new actions to bring useful, efficient and long-expected solutions to improve students’ everyday lives, to support their success and help them grasp their new independence. Two of the measures are directly focused on foreign students and student accommodation, and will be implemented at the start of academic year 2016: • Development of one-stop welcome desks to simplify processes for foreign students. These will offer a single information point, providing all services necessary for successful integration and settlement. • Simplification of “right of residence” processes for foreign students. It also includes measures for the renovation of student residences and improvements to quality standards. Direct spending by international students in France tops €4.65 billion France welcomed 295,084 foreign students in 2013/’14, an increase of 3.5% over the reported 2010/’11 enrolment of 284,945. The country has established an ambitious goal to double its international student numbers by 2025. In the meantime, a new economic impact study – the first of its kind – by market research firm BVA estimates total spending by foreign students in France was €4.65 billion (US$5.76 billion) in 2013/’14. BVA describes overall spending by international students as follows: • €3.25 billion in daily living expenses; • €563 million in tuition and other school fees; • €466 million in travel expenses for visiting family and friends; • €364 million in airfares to and from France. The study also found that the experience of studying in France greatly improved foreign students’ perception of the country.