Last year, the volume of investment in specialized student housing in Europe has increased by 29%, up to 13.6 billion euros, according to a press release by Cushman & Wakefield.
Student housing is a private complex, which is designed to meet the needs of students and located near educational institutions or metro stations. Commercial accommodation facilities for students are, in fact, long-term hotels with a limited set of services, the message explains.
Among the leaders of this market are Germany and Spain, while in the latter deals made in the sector of specialized student housing totaled about 600 million euros, which is six times more than a year earlier.
At the same time, in Russia, there is no facility purposefully built and functioning as a student hotel, the report notes.