Apr
19
‘Recession-Proof’ Student Housing Attracts Singapore Investors
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Deals continue apace after record $16.2 billion struck in ’16
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Student housing reaps better returns than residential, offices
GIC Pte and Mapletree Investments Pte are going back to school.
Singapore’s sovereign wealth fund and the city-state-based real estate investor helped fuel a record $16.2 billion of student-housing acquisitions last year, and a further $3.3 billion of deals were struck in the first quarter of 2017, according to Real Capital Analytics Inc. Student accommodation offers better returns than offices and residential housing, making it an attractive asset for pension and sovereign wealth funds looking for stable income and higher yields in a low-return world…
‘Recession-Proof’ Student Housing Attracts Singapore Investors