The market for student housing continues to remain of interest to investors, even during the pandemic, according to Savills. The investment volume rose from €79 million ($96 million) in 2019, to more than €211 million ($256 million) in 2020, an increase of 62 percent. Some of the striking deals of the last year have included the purchase of ’t Bassin in Maastricht by Catella and the more recent purchases of Tower in Groningen by XIOR and Rock Living in Utrecht by Greystar, both sold by KKR / Round Hill Capital. These investments were made at historically low initial yields for this type of product, narrowing the gap between student housing and regular housing, confirming that the investment market for student housing is maturing.
Bas Wilberts, head of residential & hotel investments, said, “The increasing growth is only partially visible in the investment volumes, which is the result of the fact that the market remains modest in size and only a limited amount of p
