Paris has narrowly defeated London to be ranked as the top spot for investors in student property, according to analysis by the Knight Frank.
London missed out on the top spot for student real estate due to the high price of living; it is followed by Vienna, Dublin and Barcelona.
James Pullan, head of student property, Knight Frank, commented: “Student lodging in the UK has delivered solid and steady returns throughout every year of the economic downturn, consequently drawing in substantial volumes of worldwide capital and institutional debt into the sector.”
The amount of students traveling overseas to go to university has actually been rising gradually in current years, and this trend is set to continue. Just as the world’s economic climates have come to be more globalised, with the relaxation of trade barriers, education and learning has even come to be a global asset.
Students now seek the most effective educational institutions around the globe. The elements that lie behind this trend are the climb of the middle classes in arising economies, particularly Asia, along with the expanding approval of intercontinental higher education certifications across the world.
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