Premier Student Housing commercial real estate news, analysis, trends and information for private and public college dormitories, and on- and off-campus university apartments.
The equity investment volume of the transaction that Allianz Real Estate is executing on behalf of various Allianz insurance companies stands at around £350m, the company states.
Staggering rent growth and no impact on leasing velocity illustrate strong fundamental health for many of the top-performing universities and the student housing properties surrounding them.
“This is our second joint venture acquisition with TH Real Estate in the past two months, and we seek other opportunities to build on our relationship with them."
Adaptive reuse projects are very appealing, and colleges will look favorably on sale-leasebacks that monetize properties and preserve some student housing.
There are increasingly higher rates of enrollment at colleges and universities, ultimately resulting in the urgent need for affordable student housing, and modular construction is a quick and cost-effective option.