University Partnerships Programme said it plans to invest a further £1bn into the sector during the next two years.

The student accommodation specialist said this week it had a ‘spectacular’ year despite the recession achieving 99% occupancy across its portfolio of university partners.

It has already invested almost £1bn into the higher education accommodation sector and now manages 18,000 rooms across 11 university partnerships. It said it plans to invest further funds to take advantage of the sector.

Sean O’Shea, chief executive at UPP, said: ‘There is increased pressure on universities to market themselves as an investment worthy of students’ financial commitment, and top quality accommodation and buildings play a vital role in this.

'Despite the credit crunch, university accommodation remains a stable and attractive investment opportunity, and we remain able to source high levels of funding for our partners.’