There are opportunities for investors to generate a good return on student accommodation in Germany, according to Savills. The firm noted that the number of people going to university in the country is expected to surge in September due to the suspension of national service, while there is a shortage of publicly-funded halls of residence in the nation.
Munich, Darmstadt and Hamburg were cited among the most attractive locations to look for such properties by the organisation as they offer the lowest risk. Meanwhile, Braunschweig, Magdeburg and Halle are considered high-risk cities to invest in. Matthias Pink, head of Savills Research in Germany, explained that all the places suggested in the report "include markets that are under-valued and investors would be wise to take a closer look at these".
And student property is not the only area in Germany which could prove lucrative for real estate investors. The Royal Institution of Chartered Surveyors recently revealed that the nation has one of Europe's best performing commercial property markets.
- Wednesday 03 August 2011