As academic certainty overrides economic uncertainty, the student accommodation sector in Europe remains a key target for investors
A research report from Knight Frank reveals that Europe dominates the globe in respect of attracting international students – a key target market for investors.
Knight Frank’s International Student Property 2012 report shows that Paris tops a list of 10 European development opportunity hotspots for operators and developers in the student accommodation sector.
The French capital owes its number one place to 16 world-renowned universities, with 250,000 students and expensive private accommodation.
It is followed by London’s student sector, which continues to deliver solid and consistent returns throughout the downturn.
Third place is taken by Vienna, with the Austrian capital remaining a popular destination for international students.
Cities in Ireland, Spain, Germany, France and Holland complete the list of student property investment destinations.
Estates Gazette visited one of London’s newest student accommodation developments – Berkeley First’s 730-bed Costume Store in North Acton. Click on the video below for more.