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FT Reports on Student Property Investment Boom
June 4, 2013Article by Ray Withers
The boom in Student Property Investment has once again attracted the attention of the Financial Times (FT) who last week commented that student housing “has ballooned from a fringe investment 10 years ago to a global market worth $200bn today. The growth has been underpinned by a rise in the number of students – up from 98m in 2000 to 165m in 2011.”
The well-respected global publication went go on to explain just why private and institutional investors alike have been attracted to this asset class “due to the relatively high yields on offer, which look set to continue in the foreseeable future”.
This is excellent news and backs our conviction that Student property investment is still one of the most exciting and lucrative asset classes around as long as, like the FT point out, you choose the right location in which to invest.
University cities with already large and growing student numbers are the key to success, locations like Glasgow where the Central House development lies.
The largest city in Scotland, Glasgow is attracting increasing numbers of students, particularly from overseas, and at present has a serious undersupply of student accommodation according to Savills. There are only 9,395 purpose built beds for 52,255 full time students and with the 2013/14 academic year’s intake of higher education students due to arrive in the next few months there could be not better time to invest here and take advantage of the excellent 9.2% NET yields assured for 3 years.
For more information on the Central House investment call us today on +44 1865 202 700 or click here.