UK Student Housing Market to Attract Asian Investors In Upcoming Years
UK News
Asian investors are finding the UK student housing market a bankable long-term and low-risk return asset in the future. QIC, or Q Investment Partners, becomes a key Asian investor in 2023 with £200 million invested in the student accommodation market in the UK. The shift in the focus of leading Asian venture capitalist firms is due to the exploding number of university admissions.
CEO of QIP venture capital firm, Peter Young, stated, “Investors from Asia are leading the future of the student accommodation market in the UK.” The investment portfolio of the giant venture capital firm from Asia boasts 1,000 operational beds. The 1,700-bed student accommodation assets were acquired owing to the promising future for student accommodation. Peter Young also said, “Looking ahead, we aim to gradually acquire a £700 million asset portfolio by the close of 2024,”
According to the latest PBSA news,the UK market is gaining attraction due to 45% gap in supply and demand. The UK student housing market is supposedly going to face a huge shortage of 29,000 beds in 2023. The gap in demand and supply attracts Asian ventures to take solid, low-risk investments in the UK student housing market.
Oli Buckland heads the PBSA transactions in CBRE and says, “The shortage is across the market, including all sorts of university and privately held beds.”
In conclusion, Asian investors are attracted due to the huge demand-supply gap in the UK student housing market, and it will remain in the upcoming years. The solution has arrived in the disguise of giant venture capital firms from Asia banking upon this crisis with their Asian capital. Big names like QIP and GIC entering the UK student housing market is a big sigh of relief for the future. Though it would take some years, the pace of Asian investment will help students find their best accommodations. If you are looking forward to venturing into the lucrative student housing market, list with us. Listing with amber gives you the best deal for your property.