From trade shows to breaking ground at new sites, read all the latest construction news from Opto Property Group in our dedicated press release section.
The potential future of the UK housing market, the best-performing property sectors and the most exciting current projects in the Opto Property Group pipeline were among the subjects discussed by Matt Day, the company’s development director, in a recent interview.
Speaking to WhatHouse?, Mr Day offered his insights into what distinguishes the firm from its competitors, including its ability to acquire challenging sites, which “many other developers would not touch”, and turn them into “viable and deliverable developments”.
He added: “We are relentless in our desire to please our occupiers, to fend off the competition that the student accommodation and private rental sector brings, and we are never afraid to make late design changes if we feel it improves our product or occupiers’ experience.”
The award-winning Opto Property Group has expanded into various sectors within the property market, including purpose-built student accommodation, commercial real estate and the build-to-rent segment. It also has a hotel in its current pipeline.
Through its work in the student housing space, the firm has made significant strides in “helping to ease the strain on the local housing market by providing students with safe and secure rooms that enhance their university experience”, Mr Day said.
One of the most exciting developments in this space at the moment is Opto Student Newcastle, a collection of 227 self-contained studios within easy reach of the city centre and student campuses.
With features including a gym, roof terraces, a cinema and a choice of 20 room types, the project is set to attract strong demand from students and consequently deliver reliable rental yields for investors.
Looking at the property market as a whole, Mr Day stressed there is still strong demand for new-build housing in various sectors and regions across the UK, despite the uncertainty caused by Brexit.
He added: “Regional property markets have performed very well recently and property investors may switch their attention to locations outside of London to secure stronger returns.”