SCION TO ADVISE TWO WATERLOO, ONTARIO UNIVERSITIES

WATERLOO, ON. Separated by less than 1 km, Wilfrid Laurier University and the University of Waterloo have together selected The Scion Group to advise both universities on the fastest-growing student housing market in Canada. Scion will examine the Waterloo student housing rental market and provide projections and recommendations for balancing each institution’s supply and demand.

Scion will study existing on-campus student housing inventory at each institution, existing purpose-built private student housing, conventional rental units and planned rental properties. Scion will interview various stakeholders and market participants, and will provide projections for the market through 2022. Additionally, Scion will describe outcomes in other student housing markets that are similar to Waterloo. Separately, Scion will also examine and analyze the Brantford, Ontario student housing market for Wilfrid Laurier University.

The University of Waterloo, located at the heart of Canada’s technology hub, has become one of Canada’s leading comprehensive universities, with 35,000 full- and part-time students in undergraduate and graduate programs. As home to the world’s largest post-secondary co-operative education program, Waterloo embraces its connections to the world and encourages enterprising partnerships in learning, research and discovery.

Wilfrid Laurier University has nine faculties and more than 17,000 undergraduate students and nearly 2,000 graduate students at campuses in Waterloo and Brantford. The university also has a Faculty of Social Work in Kitchener, an office in Toronto, a part-time MBA program based in Toronto, and an office in Chongqing, China.

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