26 Oct '16, 6am

#UK student homes becoming hot property - PropertyGuru Singapore

The boom in the market has been underpinned by the large number of overseas students seeking higher education opportunities in the UK. A combination of internationally recognised higher education, a structural undersupply and steady rental growth have made purpose-built student accommodation (PBSA) in the UK a popular investment option, reported the Financial Times . International investors even consider them a safe place to park their money. Mapletree Investments, the property arm of Singapore state investment fund Temasek Holdings, for instance, fought off bidders from the Middle East, the US and Russia to acquire a student accommodation block in the UK, known as The Glasshouse, for £417 million (S$704 million) this year. The boom in PBSA has been underpinned by the large number of students flocking to higher education institutions in the UK, with 2.27 million recorded i...

Full article: http://www.propertyguru.com.sg/property-management-news/2...

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