Over £1.6bn ploughed into UK Student Accommodation this year
More than £1.6 billion has been invested in UK student accommodation in just nine months, as investors seek to tap in to one of property’s most lucrative asset classes.
According to CBRE’s Student Accommodation Index, the sector has shown total returns of 9.95 per cent in the 12 months to September 2013, higher than IPD total returns on offices, industrial and retail property over the same period.
Total UK education exports in 2011 were worth £17.5 billion, making education the UK’s fifth largest services export sector, ahead of insurance and computer services …