Students no longer alternative
As the property market continues to react to the evolving political and social landscape, the industry is recognising that what used to be classed as "alternative" investment assets are now mainstream.
Investments in this type of real estate asset has generally been considered riskier than other more established classes like offices, industrial and (at one time at least!) retail and leisure but they are proving to be resilient in a world disrupted by unpredictable influences.
In today's dynamic world, with changing working practices, shopping habits and lifestyles it will be interesting to see what new alternative classes emerge.
As the UK’s world-renowned universities continue to attract foreign students, purpose-built student accommodation is shedding its label as an “alternative” asset class to become a market in its own right.
