Despite the uncertainty surrounding Covid-19, the long-term fundamentals of PBSA remain strong and investors remain cautiously optimistic.
- Over €9.2bn was invested in purpose-built student accommodation (PBSA) across Europe including the UK in 2020. This is the highest year on record for both the UK and the rest of Europe.
- Transactions for up-and-built assets have picked up as the amount of completed modern stock increases.
- Rent guarantees are common, to compensate for Covid-related income shortfalls
- Transaction volumes are expected to pick up in Q2