Student Accommodation – Despite the economic situation, is this the time you should make a commitment and invest?
Knight Frank defined the wish for student accommodation in 2011 as ‘booming’ in the Student Accommodation report (May 2011). In there most up-to-date inspection, there is still a continued demand forecast. The letting agency monster have recorded that the UK student accommodation property investment market will continue to thrive in 2012 – as the division proceeds to benefit from “strong need and lack of stock”. It is anticipated that the demand in London could meet another 100,000 student addresses.
CBRE have revealed that close to £840m of capital was dedicated to investment and development in the UK’s student and accommodation market in 2011. This figure is greater than double that of £350m in capital committed in 2009. Knight Frank’s most recent Student Property document speculates that student accommodation returns have doubled in September 2011 to 15.1%.
CBRE have revealed that close to £840m of capital was dedicated to investment and development in the UK’s student and accommodation market in 2011. This figure is greater than double that of £350m in capital committed in 2009. Knight Frank’s most recent Student Property document speculates that student accommodation returns have doubled in September 2011 to 15.1%.
It is also thought that the new course fee make-up structure will only increase need for student accommodation at the most prestigious Universities.
Where there are a large number of sought after course places. Whilst Student Property near Universitites that provide non-economically viable courses will suffer the most due to a lack of need. A list of the top twenty Institutions to investigate when purchasing student houses can be found within Knight Franks Student Property Publication entitled – The Student Property Index.
The escalation in the Student Housing division is said to be supported by housing with rents of less than two hundred and twenty pounds per week. This statement is underpinned by the fact that accommodation within this price bracket are taken the quickest – indicating the biggest level of need.
Revenue in the rest of the UK dropped from 14.6% in September 2010 – to 10.5% in September 2011. Knight Frank suggests investing in student property that is; located in regional settlements, within a big student population density, near multiple universities. This makes student housing in Birmingham a great candidate.
Broadcast by both Knight Frank & CBRE specify that education is an increasingly global marketplace. The percentage of student from abroad rose five fold from 1975 to 2008. This figure is predicted to double again by 2025. The continuation of this movement is supported by the declining value of the pound – this means that it is becoming more cost effective for overseas students to study here, and the fact that the UK has five of the Worlds top 20 Universities.
CBRE anticipates that the reconstruction of higher education fees will remould the make-up of the student population, opposed to throwing it into free fall. Overseas students will play an increasingly important role in the reconstruction of the student make-up, resulting in international student numbers that are expected to increase by an average of three to six percent.
All in all, student housing in London and the surrounding areas that can be identified by the variables above could facilitate the investment opening you have been looking for.
The escalation in the Student Housing division is said to be supported by housing with rents of less than two hundred and twenty pounds per week. This statement is underpinned by the fact that accommodation within this price bracket are taken the quickest – indicating the biggest level of need.
Revenue in the rest of the UK dropped from 14.6% in September 2010 – to 10.5% in September 2011. Knight Frank suggests investing in student property that is; located in regional settlements, within a big student population density, near multiple universities. This makes student housing in Birmingham a great candidate.
Broadcast by both Knight Frank & CBRE specify that education is an increasingly global marketplace. The percentage of student from abroad rose five fold from 1975 to 2008. This figure is predicted to double again by 2025. The continuation of this movement is supported by the declining value of the pound – this means that it is becoming more cost effective for overseas students to study here, and the fact that the UK has five of the Worlds top 20 Universities.
CBRE anticipates that the reconstruction of higher education fees will remould the make-up of the student population, opposed to throwing it into free fall. Overseas students will play an increasingly important role in the reconstruction of the student make-up, resulting in international student numbers that are expected to increase by an average of three to six percent.
All in all, student housing in London and the surrounding areas that can be identified by the variables above could facilitate the investment opening you have been looking for.