Universities gear up for investment

4 April 2012 Universities across the country are looking to spend an increasing amount on construction over the coming year, a new report has found.

Research carried out by contractor Wates has revealed that 79% of universities are looking to invest in new buildings worth £5m or more.

Many are focusing on attracting more foreign students, but are also competing to bring in more students from the UK, amid concerns that rising fees will constrict the number of British students.

"Students are being asked to pay more than ever before for a university degree," said Ian Vickers at Wates. "That means they expect a quality of experience that reflects the high price they are paying."

He suggested many universities are searching for "the 'wow' factor" to remain competitive as the marketplace threatens to contract.

For more on the potential in the university market, read our 'Studying the market' feature in the December/January issue.

This page was last updated on:
22 October 2014.

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