Update: October 2019 – Student Accommodation
The risk of a “No Deal” Brexit has significantly reduced for now thanks to the agreed “flextension” and a shift of focus to the upcoming election date of December 12th.
Brexit continues to impact the investment market. Whilst transactions are subdued, however, net lending has increased, driven by refinancing and restructuring
As the US moves closer towards a trade deal with China, equity markets have shown positive improvements over the past month.
Industrial take-up was strong again in Q3. However, the increasing supply pipeline is expected to put downward pressure on rental value growth in parts of the country.
For cities with softer supply pipelines, the outlook for student accommodation demand has improved in recent months and bodes well for the UK in retaining its status as the second most popular provider of international student education.