Investors pour billions into luxury student flats

Russian billionaires are among a number of new investors buying up swathes of UK student accommodation, pushing sales this quarter to a record £3.3bn.

The transactions of high-end student halls in the first three months of the year have already outstripped full-year turnover of £2.5bn in 2014.

Research from the estate agent Savills shows that 37,000 beds have sold so far in 2015 …

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