Student digs rents up but growth is slowing

RESI_Student_RentalGrowth

Demand for studios slows but remains resilient at cheaper end of the market

Rents in the purpose-built student accommodation sector have increased by 2.26% in the 2018-19 academic year, with stronger growth at the more affordable end of the market than the premium studio sector.

The uplift is slightly less than

the 2.55% growth recorded for the 2017-18 academic year, according to Knight Frank.

James Pullan, global head of student property at Knight Frank, says the figures show that the sector – which he thinks has historically been overlooked as an investment class – is “resilient in the face of economic uncertainty”.

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