Stu­dents prove a good in­vest­ment

Yorkshire Post - Property - - PROPERTY -

STU­DENT ac­com­mo­da­tion in the re­gions out­per­formed all other prop­erty as­set classes in the year to De­cem­ber 2010, with to­tal re­turns of 14.65 per cent, against Lon­don’s 8.41 per cent.

Av­er­age rents in re­gional cities rose 4.1 per cent over the pe­riod, while Lon­don fell by -3.6 per cent, ac­cord­ing to Knight Frank.

The strong per­for­mance of the re­gions is be­ing driven by the im­bal­ance in sup­ply and de­mand and the Knight Frank Stu­dent Prop­erty Re­port Spring 2011 points to Kingston, Brighton, Edinburgh and Durham in the top 10 lo­ca­tions to in­vest

James Pul­lan, Knight Frank’s head of stu­dent prop­erty said: “Once again stu­dents will find there is an un­der­sup­ply of stu­dent ac­com­mo­da­tion.”

Newspapers in English

Newspapers from UK

© PressReader. All rights reserved.