Student accommodation attracts

CBRE research has found that more than £800m of capital was poured into UK student accommodation investment last year.

The sector’s stable income is attracting institutions and oversees buyers, the property agent says as economic uncertainty troubles the rest of the market. An estimated £836m was committed to deals and development last year, up from £770m in 2010 and £350m in 2009. The figures defy the increase in student applications as a result of tuition fee increases.