Investment into the UK’s purpose-built student accommodation sector reached £7.2bn in 2022, up 69% year-on-year, according to Knight Frank.
In its Student Property Report 2022-23, Knight Frank estimated that £3.1bn was invested in UK PBSA in the first nine months of last year.
Q1 2022 saw £1.23bn of PBSA investment, Q2 2022 £1.04bn and Q3 £810m.
But then more than £4bn was invested in the final quarter – largely accounted for by Greystar’s purchase of the Student Roost portfolio for £3.3bn – taking full-year investment to a record high.
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