Gamuda Land UK Refines Strategy on Offices and Student Housing Amid Market Changes

Summary:

  • Gamuda Land UK’s current gross development value (GDV) stands at approximately £1.5 billion, with around 70% allocated to office developments and student accommodation representing roughly £300 million across three sites, reflecting a strategic focus on assets with strong supply-demand fundamentals amid evolving UK real estate conditions.
  • The company is addressing a structural gap in purpose-built student accommodation driven by global student mobility and the UK’s education appeal, targeting 3,000 student beds and delivering projects directly through an expanded UK team supported by a dedicated Malaysian unit.
  • Gamuda Land is exploring diversification into industrial and logistics sectors to meet rising demand for modern facilities, while adopting a cautious approach to UK regeneration projects by entering established areas to manage risk, leveraging its Malaysian experience in large-scale integrated developments.

Original article:

https://www.edgeprop.my/content/1915057/gamuda-land-uk-sharpens-focus-offices-and-student-housing-amid-shifting-market-conditions

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