Why 2020 could be a strong year for the UK’s PBSA sector
A new student housing report from global real estate firm JLL has revealed that the outlook for UK PBSA (purpose-built student accommodation) is positive, with strong occupier demand forecasts set to attract continued investor interest in the sector
However, challenges remain as a fall in construction levels and rent affordability are impacting development activity.
With rising demand for higher education, JLL predicts that full-time student numbers will rise by a further half a million by 2030. As such, PBSA has become a lucrative ticket for real estate investment and, according to the company’s Student Housing Report, investor appetite remains robust due to its defensive, income-producing characteristics …