£2.3 billion invested in UK student halls of residence year to date
The amount of capital that international investors are piling into building new student accommodation blocks in the UK has shown no sign of abating so far this year.
Property consultants CBRE said that £2.3 billion of capital from across the globe has been invested in student halls of residence in the year to September.
There has been a boom in purpose-built student accommodation in the UK as global institutions, sovereign wealth funds and real estate investment trusts look for safe and stable places to put their money at a time when the number of university students continues to rise …