Update: May 2019 – Student Accommodation
Growth is expected to slow in the UK in Q2, partly reflecting some reversal of activity that was brought forward in advance of the original Brexit deadline.
Despite an overall slowdown in UK property investment, there was some return of overseas interest, with net investment at almost £800m, compared to an average of less than £300m in the previous three months.
The amount of space under construction in the City of London is high compared to the past 15 year average level of completions, reflecting declining availability.
Office rental value growth outside of London is generally stronger. Prospects for the student housing market remain solid, as the supply remains limited.