PBSA investment reaches record €8.22b in 2022

Investment into the United Kingdom’s Purpose Built Student Accommodation (PBSA) sector reached £7.2 billion (€8.2 billion/$8.93 billion) in 2022 – up 69 percent year-on-year and, notably, higher than the long-term average of £4.1 billion (€4.68 billion/$5.08 billion) over the previous five years, according to Knight Frank in its annual Student Property Report 2022-2023 The report also revealed that during the first nine months of 2022, just under £3.1 billion (€3.54 billion/$3.84 billion) was invested in the United Kingdom’s PBSA market. More than £4 billion (€4.57 billion/$4.96 billion) was invested in the final quarter of last year – largely accounted for by Greystar’s purchase of the Student Roost portfolio for £3.3 billion (€3.77 billion/$4.09 billion). This took full year investment for 2022 to a record £7.2 billion (€8.22 billion/$8.93 billion).

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