Investing in Purpose-Built Student Accommodation
Team Torsney Global has gained significant experience in recent years advising clients in relation to purpose-built student accommodation (PBSA), and it is easy to see why. This burgeoning sector has a number of attractions for investors.
Tenancy rates are high and cash flow is relatively secure, whether due to initial government funding or to the “bank of mum and dad” when students find themselves short and the rent is due. In times of recession, student accommodation is relatively cushioned. Furthermore, anglophone countries, such as the UK, Australia and Ireland, benefit from an education industry centred around the English language, which has enduring international appeal.
Today, Purpose-Built Student Accommodation (PBSA) has transformed student property into one of the UK’s fastest-growing property sectors, with investment coming in from all over the world, generating high and consistent rental yields for investors globally.
The number of students in the UK is growing year-on-year whilst the residential housing market is becoming increasingly strained. As a result, more students are living in PBSA (purpose built student accommodation). This type of accommodation caters better for student needs, frees up housing for everyone else and also offers fantastic opportunities for investors.
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