Very interesting article on the future of private student accommodation in the UK. Our own experience indicates interest in this sector is still high.
Britain’s universities face an immediate £790M shortfall, and have asked for a £2B government bailout. They fear a massive decline in overseas student numbers will push them into insolvency. Yet student housing developers and operators seem relaxed about the loss of £386M in rent (so far), and a large segment of their potential tenants for the next academic year. Are the universities right, and the student housing sector wrong? Can the UK student housing sector survive, or is it whistling to keep its spirits up?