Student housing strikes back
Student rents should rise by nearly 3 per cent in Britain next year, according to a new report by broker Knight Frank that highlights London, Edinburgh, Newcastle and Bristol as the most acutely undersupplied student markets in the UK.
The report focuses on the market for so-called “purpose-built student accommodation” – big private halls of residence let at premium rents, often to international students.
Knight Frank expects demand in this niche property sector to be underpinned both by the rising global popularity of Britain as a place to study and by market share gains, as shiny en-suite towers attract students out of draughty private-rented stock …