30 May 30.05.2017 Student accommodation investment to rise
30.05.2017 Student accommodation investment to rise
Investment in student accommodation in the UK has increased by 17% this year. £5.3bn is expected to be invested into purpose-built student accommodation in 2017, compared to £4.5bn in 2016. The sector was particularly boosted by international investors, who increased their market share to 64% last year. Because of the yearly tenancies it usually has strong rental growth year-on-year. Rents in the sector have risen by an average of 2.7%. The average weekly rent of a room in a student accommodation block is £126, increasing to £180 in Oxford and £200 in Guildford. Exeter, Guildford and Leeds are good areas to invest in, because of low levels of supply and the universities’ success in attracting new students. If you are planning on investing into property in the UK, please contact Tatiana Svetlova for consultation on email@example.com.