Fast Tube by Casper

Fast Tube by Casper

At South Street, we’ve increased our occupancy rates to near-perfect levels over the past few years. That’s great news for our investors. But while it’s one thing to keep our properties full of students, it’s quite another to make sure they’re all paying their rent on time. To help us do that, we’ve built excellent debt management systems. Our systems are robust, so investors are protected and students know that they can’t get away with non- or late payment. But they aren’t draconian, because in a business based on service as much as property, one student’s negative experience – even if they’re in the wrong – creates big risks for our reputation. Read the rest of this entry »

The early figures outlining the occupancy of all of South Street’s student accommodation sites for the 2010/11 academic year have eclipsed all previous achievements by a staggering amount.  The asset management specialists are well on target to achieve 100% occupancy on all their sites again this year.

These figures are achieved by students rebooking their room for another year or coming from other student accommodation providers, rather than accomplished from the rising rates of young people applying for Universities.

The Pavilions in Lincoln is already boasting a 60% occupancy level for September 2010 which is 22% higher than last year and 60% higher than the 2 years previous. The Pinnacles in Sheffield has so far accumulated 34% which again is substantially better than before and Storthes Hall Park and Ashenhurst Houses in.  Huddersfield have seen applications increase fivefold from the same time in 2009. Read the rest of this entry »

South Street Investment Management Limited has built itself to be a strong, successful and dedicated student accommodation management company. With a proven track record for exceptional service to clients and students alike, with the ability to improve asset performance and continually support its clients every step of the way.

South Street currently manages 3,700 beds across sites in Lincoln, Sheffield and Huddersfield with a further 1500 in the pipeline for 2010, making them the largest independent manager of student accommodation in the UK.  Couple that with an unrivaled 99% average occupancy across their sites South Street are set to make a big impact on the student accommodation sector this decade. With rebooking rates rising year on year, recommendations from parents and students consistently very high and strong relationships with the universities and the wider community, South Street can ensure returns on investment year on year.

They have a full property management infrastructure, from finance to IT and front of house to facilities management, which is highly capable of supporting a client’s business and have an excellent and proven track record of improving the asset performance for their clients.

South Street offers an all encompassing property management service. They deliver an exceptional marketing campaign, including brand development, tailored for each site to ensure maximum occupancy levels, taking care of bookings, check ins, rent collection, facility management, security, check outs, accounting and reporting. Each client can be sure that the dedicated and experienced team are passionate about continually exceeding expectations.

The “Digs” brand which is uniform across all current sites managed by South Street, has recently been rebranded to achieve maximum exposure and reputation for each property. Care and attention has been paid to the development of the website to make sure it is the most high tech and high performance web platform it can be, it also incorporates all genres of social media which are a key part of the promotional strategy and something the competitors are yet to utilise.

With a management team headquartered in London and a 30 strong regional operations team, South Street  is fronted by the highly successful entrepreneur, Asif Rangoonwala.  The team’s strength lies in many years combined experience in acquisition, finance, youth marketing and operations in the student accommodation and commercial property sectors ensuring expert advise and support for their clients.  South Street work closely with their clients to identify and appraise each investment and development opportunity and confidently deliver the optimum results. 

In the words of the CEO, Mr Rangoonwala himself, South Street  is 100% committed to looking after its customers: students, universities, parents and the investors by providing service, quality and returns, at the best price. We believe this business to be an art as well as a science: The art of living and the science of operational excellence.

http://www.southstreetim.co.uk

http://www.digstudent.co.uk