Stu­dent lets of­fer healthy re­turn

Yorkshire Post - Property - - PROPERTY -

STU­DENT prop­erty is de­liv­er­ing ex­cel­lent re­turns for in­vestors, ac­cord­ing to Knight Frank.

The com­pany’s Stu­dent Ac­com­mo­da­tion In­dex re­veals that av­er­age rents rose 2.2 per cent in the year to Septem­ber 2010 and rents for re­gional cities in­creased by 4.1 per cent

To­tal re­turns, tak­ing into ac­count in­come and cap­i­tal value growth, stood at 13.5 per cent.

James Pul­lan, Knight Frank’s head of stu­dent prop­erty, says: “Stu­dent prop­erty has de­liv­ered con­sis­tently healthy re­turns over the past five years.

“The sec­tor avoided the crash in both cap­i­tal val­ues and rentals seen in the wider com­mer­cial and res­i­den­tial sec­tors in 2008 and early 2009.”

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