The significant undersupply of dedicated student accommodation in London makes it an attractive sector for investors, it has been claimed. Head of residential research at Knight Frank Liam Bailey explained that high demand for places at educational establishments in the capital from overseas student is driving the need for more developments of this kind in the city.
He added that there are also opportunities for investors in other locations that are home to high-profile institutions, such as Manchester, Oxford and Cambridge. "The universities which are seeing [the] most growth at the moment in terms of student numbers are the ones to look for," Mr Bailey asserted. Earlier this week, a report published by Savills predicted that the university accommodation market will become more polarised over the coming decade. Director of research at the firm Yolande Barnes explained that developments in "first class locations" will continue to perform well, while assets in the vicinity of less-popular universities are likely to become less viable.
- Monday 12 September 2011