London, 18 August 2016
Lauren Keith | +44 (0)207 852 4084
As students across the country receive their A-Level results, JLL's Student Housing
team are predicting strong occupier and investment demand across the sector.
The team are projecting rental growth of between 3-4% growth in London and 1-5% across the wider UK regional market. Prime yields are also projected to remain robust with good occupancy and attractive income growth for the 2016/17 academic year.
Huw Forrest, Director in JLL's Student Housing team
, said: "While it is too early to have definitive views on the impact of Brexit on the student housing
sector, it is likely to remain more resilient than other sectors. This is due to the continued attraction of the UK University market, coupled with the depreciation of sterling which will make the UK a more affordable destination to study for international students. It is also important to remember that EU students make up only 6% of students.
"We are currently seeing good levels of investment demand following the referendum and generally transactions we are working on have seen little impact as a result of the Brexit vote."
You can read more about the sector in JLL's latest Student Housing quarterly bulletin