PBSA sector braces itself for severe impact in short term
The consensus for purpose-built student accommodation (PBSA) is that the market’s long-term fundamentals will be undamaged by the Covid-19 outbreak.
In the short term, however, operators face several unknowns, which could have a negative immediate impact on the sector.
Student intake is one such unknown. With travel in and out of the UK at a minimum, and similar lockdowns in place around the world, fears are mounting that there could be a sharp drop-off in international bookings …