04.01.2012 - UK student housing attracts EUR 1b of funds in 2011
Nearly 840 mln (EUR 1 bn) of capital has been committed to investment and development in the student accommodation sector in 2011, new research of CBRE has revealed. This is more than double the 350 mln allocated to the sector in the whole of 2009. Student accommodation has proved popular with investors attracted by the stable annual income and positive yield movements over the course of last year. Rents have grown by four per cent regionally and by nearly 5% in London during 2011 with occupancy rates currently at around 99% on average...............................................Full Article: Source
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