There are several factors that have fuelled the student property fire that we find ourselves in today. An increased demand from residential developers, coupled with a shortage of land, means that prices are rising sharply.
Developers and investors interest has been piqued by the increased competition for suitable student housing. Despite the UK undergraduate population reaching record highs in 2013, it is estimated that only around 13% of students have access to purpose built accommodation. Continue reading →
Uniplaces, the international booking platform for student accommodation, has partnered with two major companies that own and manage student accommodation, iQ Student Accommodation and Fresh Student Living – adding over 1,500 new rooms to Uniplaces’ booking platform.
Launched in London in 2013, Uniplaces provides international and domestic students with a safe and easy way to book verified accommodation online, offering a choice of high quality accommodation across London. Continue reading →
Bamboo, oil, diamonds and even parking spaces have all been lucrative investments for traders, but none has been as stable or as popular as the private student accommodation sector.
The past couple of years have witnessed the Higher Education sector becoming increasingly globalised, with students from around the world competing for places at UK universities. This desire for a British education, coupled with an increase in UK tuition fees, forced a rise in the quality of accommodation available to students and, as the institutions were increasingly unable to provide the higher standard required, specialist providers like Knight Knox International entered the market Continue reading →
This is the second successive year that student applications for university places have fallen, following an 8.7% drop in the total number of applicants for all courses in 2012.
Last year Landlord Assist warned student landlords that the buy-to-let sector could be a potential casualty of tuition fee increases, fearing that many would-be students may be priced out of Higher Education.
The slump is being blamed on rising tuition fees, with some universities now charging as much as £9,000 fees for some courses.
For a long time the student sector has been seen as the most resilient for buy to let landlords, with strong Continue reading →
The sector is also witnessing larger deals than ever before. During the past 15 months, the market has seen five £100million+ transactions. Prior to Q3 2011, no single deal had exceeded £85million. The University Partnerships Programme (UPP) Regional Portfolio typifies this – Dutch pension fund manager PGGM invested in a 60% stake in UPP’s assets this year, worth an estimated total of £840million.
Jo Winchester, Head of Student Advisory, CBRE, said: "Total returns remains a key driver for investors, as they flock towards the impressive returns given by student accommodation for a second year in a row. Our data shows that student Continue reading →