Global student housing investment breaks records
Global investment into institutional student housing broke records in 2016, reaching $16.45 billion and surpassing the previous annual record of $15.6 billion set in 2015, says international real estate advisor Savills.
According to Savills, total volumes by dollar value increased by 5.4% globally in 2016 – double the levels seen in 2014 – as several newly built portfolios of scale traded for the first time and investors continued to recognise the mainstream investment opportunities in the sector and its role as a gateway to other residential assets. Investor interest was focused on the US and UK, the most mature global markets where the majority of investable institutional student housing stock can be found …