Analysis shows Private PBSA value now equals value of University owned beds
Knight Frank’s latest market analysis shows the value of private sector beds is now equal to the value of university-owned beds at £22.9bn.
With 25,000 private sector beds expected to be delivered in 2017, the private sector was likely to account for more than 50% of the total student accommodation market by value at the end of the year, said James Pullan, head of student property at Knight Frank.
“The private sector is now dominating the development of purpose-built student accommodation in the UK, with universities becoming increasingly reliant on the private sector to deliver accommodation for their students,” he said …