Dutch student housing to expand
Over the past few years, the importance of student housing as a property investment segment has increased.
In the UK, investors such as Unite group and others are already very active and Germany has followed that trend.
Dutch pension fund PGGM recently invested in the University Partnership Programme (UPP) with a total enterprise value of €1.7bn.
UPP focuses on funding, developing and operating student accommodation and campus infrastructure schemes and also provides asset management services in the UK. The programme invested £1.4bn in the UK higher education sector and has plans to invest a further £1bn over the next two years. UPP has a portfolio of 28,000 rooms in operation or development and a built-out rent roll of £133m …