We have a long history of working with educational institutions, as well as their banks, investors and other stakeholders, on a range of consultancy and transactional matters.
In the UK, our team of surveyors, town planners, agents and financers advise over 70 universities and higher education institutions. Specialist services include purchase, sale, leasing and letting, building consultancy, planning and development, business rates mitigation, corporate real estate, portfolio and estate management, capital and income raising strategies, valuation, equity and debt advisory.
In the last decade, the sector’s financial stability has been undermined by a cocktail of factors, including relatively stagnant undergraduate fees, which have been materially devalued by recent inflation. Financial resilience is also intrinsically linked to student numbers, which are generally down, especially among international students – a key income source to many institutions.
Universities are reporting significant underutilisation of estates, and with the pressure of meeting carbon targets, addressing backlog CapEx and meeting increased student demands, the importance of reviewing, maintaining and investing in estates is critical.
At Newmark we offer comprehensive advisory and support, drawing on the experience of our dedicated education team, with the added benefit of our commercial and debt finance teams. Complementing our in-house expertise, we collaborate with architects, auditors, solicitors and other professional consultants to provide comprehensive and seamless service.
