Our business model

Our business model

Our business model

Our business model – aims and objectives

  • One of the few UK leading integrated developers and operators of high quality student accommodation.
  • A proven track record of successfully owning, developing and operating student accommodation.
  • Our UK wide operational management activities inform our site acquisition and development activities.
  • We work as a developer with investors on a forward funding and sale or development management basis.
  • Aiming to de-risk the development process by underwriting the investment asset’s future performance.
  • We manage the whole process from site identification to on-going management.
  • We aim to expand our operational portfolio and build upon our operational platform both with existing investors and by establishing new clients.

Site acquisition

Site identification

  • Access to quality opportunities.
  • Market studies on local student demand.
  • Relationships with local Universities and key professionals within each location.
  • In-house development appraisal capability to establish viability.

 

Site procurement

  • Use of option agreements with landowners.
  • Acquisition due diligence and risk analysis.
  • Purchase of site, subject to planning (or otherwise).

Development

Design & planning

  • Proven ability to secure appropriate planning permission and deliver designs that amplify site potential.
  • Established network of design and professional consultants needed to achieve planning and development delivery.
  • Relationships with local universities and planning authorities.

 

Procurement & delivery

  • Undertake detailed design and development management role.
  • Optimise the design for maximum operational efficiency and revenue generating opportunities.
  • Management of competitive tender process.
  • Well-proven in-house development and procurement skills.

 

Funding, joint ventures & third party deals

  • Growing the business and expanding activities with third party equity.
  • Well-proven, practical documentation and acceptable fee, incentive and profit sharing arrangements, aimed at aligning interests and boosting investor returns.

Operation

Setup, mobilisation & marketing

  • Location specific management team.
  • Responsible for hiring and training all staff, including third party contractors.
  • Design and implement best in class processes and procedures.
  • Whilst adopting a direct letting strategy, short lease/nomination agreements will be investigated with universities and higher education authorities.
  • Develop and implement a pricing plan and marketing strategy, including open day presentations and targeted literature.
  • Implement online marketing strategy using the existing ‘Host’ online platform.
  • Manage all lettings.

 

Revenue stabilisation

  • Drive NOI through cost optimisation and revenue maximisation.
  • Predicted occupancy of over 95% in the first year of operation. Aiming for high early occupancy in advance of each student academic year.
  • We supervise day-to-day management including security, health and safety, cleaning, heating, porterage, etc.
  • Provide excellent customer service, student welfare and pastoral care.
  • Optimise utilities procurement and supply chain management.
  • Provide a full facilities and property management service. Maintaining the property both internally and externally.
  • Provide all necessary accounting and administrative services.
  • Identify and implement asset-enhancing opportunities.

Host is the operating brand of Victoria Hall Management Ltd. We offer hassle-free, all-inclusive student accommodation and provide students with a welcoming, reassuring and stress-free experience at university or college.

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