Investors Attracted to Student Accommodation Market
Property consultant King Sturge predicts that London’s student accommodation market will become property’s star performer.
“This sector of property is bucking the trend.” says Huw Forrest, Partner, King Sturge. “There is a major imbalance between demand and supply of private sector student accommodation. From the 250,000 students in full time higher education in London, only 1.5% can access commercially operated private sector accommodation” says Forrest. “And in our opinion 50 to 75% of university housing stock is out-dated by modern standards. There’s an urgent need to build more and the time is right for both developers and universities.”
King Sturge Student Accommodation Group
Source: Europe Real Estate
