Bulletin

Investors pile into student housing

houses

Pension funds and private equity firms are investing rapidly in student housing with expectations of reaching £3.3bn for this year's Jan to March quarter. The amount is said to be 3.5 times more then spent in last year's same time period, and equates to double the £1.7bn spent in the whole 12 months of 2014. Chairman of the alternative investment group at real estate group JLL, Philip Hillman, said: 'Student housing continues to be an attractive proposition for investors, with the UK market proving to be increasingly popular with both UK and international investors and institutions'. A reported 22,000 beds changed landlords in just five deals this year including the Canada Pension Plan Investment Board's £1.1bn acquisition of Brandeaux Student Accommodation Fund's Liberty Living portfolio.

 

Note: News bulletin content has been provided by a third-party and is not the opinion of Santander.

Other Articles

The new Apprenticeship Levy could help transport and logistics companies solve their recruitment problems and equip their workforces with…

Cornwall is a land steeped in legend but this salty business success story is no myth.

Santander Incubator social enterprise, Liverpool Girl Geeks, has secured £20k in Rosa funding to help them grow their programmes and…

Santander Incubator social enterprise, Liverpool Girl Geeks, has secured £20k in Rosa funding to help them grow their programmes and…

Travelstar European Ltd, one of the West Midlands’ leading coach hire companies, has moved to larger premises in Portland Street, Walsall,…

Santander’s local Business Banking team recently held a Breakthrough Masterclass at the English Whisky Company, with local East Anglian…

Where Next?