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Article: Student accommodation funds come of age.
- Article from:
- Investors Chronicle - magazine and web content
- Article date:
- July 6, 2009
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Byline: Tim Cooper
FUNDS: Student accommodation is a stable, attractive and counter-cyclical asset class in its own right, but you need to be aware of risks like poor liquidity
The UK student accommodation sector is no longer a niche property market, according to property agents and consultants, King Sturge. The sector, it said in a report last year, is now recognised as an asset class in its own right by financial institutions and investors, with over GBP700 million of transactions in 2006/2007.
This may have been a little premature, as we'll see. It's still a tiny sector fraught with risks. But student accommodation has definitely been ...