|
 |
 |
|
|
Property fund muscles in on HMO student homes By Simon Thompson |
|
|
|
|
|
|
|
A European property fund is investing in private residential student homes close to Britain’s oldest and most respected universities.
The SICAV fund is focusing on shared student houses around the 24-strong Russell Group of universities – which include Oxford, Cambridge and many of the country’s oldest and most popular institutions.
The Student Accommodation Opportunity Fund will be managed by Luxembourg Fund Partners and Ingman Capital Partners.
The aim is to use rental income to pay dividend of around 5% a year.
The fund will target shared houses in multiple occupation (HMOs) but will not look at the traditional approach of purchasing modern, purpose-built accommodation blocks.
This could mean the properties are easier to sell as family homes if the fund has to raise cash.
Over the next five years, the fund could generate an annualised total return of more than 10% a year, predicts Philip Ingman, chief executive of Ingman Capital Partners.
Students are becoming more demanding and are prepared to pay for better facilities, he explained, so well-managed, private student accommodation can offer high quality housing and generate attractive returns.
Each of the student properties will have the same furniture - flat-screen TVs, wireless internet and furnishings to ensure they all meet a high-quality, low-maintenance standard.
Chinese back bond
Student housing developer University Partnerships Programme has also recently revealed details of a student investment.
UPP launched a £5 billion bond backed by the Chinese government and secured against rent from 28,000 student apartments. Proceeds will refinance the company’s debts.
Around £500 million of the senior bonds will be secured against accommodation on university campuses including Oxford Brookes, York and Kent.
The refinancing project is the largest since market tracking began by data group Dealogic in 1995.
Undersupply in the student property market, low vacancy rates and stable yields have made the sector a coveted investment in recent years, attracting interest from insurers and sovereign wealth funds.
|
|
|
|
 |
|
|
|
 |
 |
|
|
|
|
Landlords warned - prepare for more regulation |
|
Landlords in England are being warned that they should prepare for more regulation after the government published a consultation.
The warning comes from Tim Miles who is a partner at law firm Clarke Willmott.
He says that the Government is cons |
|
|
|
|
|
 |
 |
 |
 |
|
|
|
|
Research reveals that 2017’s rents fell in real terms |
|
The rents being paid to landlords in all parts of the UK fell in real terms during 2017, research suggests.
The findings from HomeLet reveal that rents in November rose by 0.7%.
That's the 11th straight month that rent increases have fallen beh |
|
|
|
|
|
 |
 |
 |
 |
|
|
|
|
Rents for the UK’s rental properties rise by 2.1% |
|
The average rent for a buy to let property grew by 2.1% in the year to September, an index has revealed.
The figures from HomeLet show that the average rent now being paid is £927 every month.
For landlords in London, rents rose by 1.9% o |
|
|
|
|
|
 |
 |
 |
 |
|
|
|
|
Landlords start exiting the buy to let sector |
|
One leading firm of letting agents is warning that buy to let investors are beginning to exit the sector.
The warning comes from Belvoir who say that while the numbers of landlords leaving is not huge, there is a trend appearing.
The firm's chi |
|
|
|
|
|
 |
 |
 |
 |
|
|
|
|
Landlord confidence takes a knock |
|
Despite the prospect of high yields and profitability, a survey has revealed the landlord confidence around the UK has fallen.
The findings from BM Solutions looked at all the key indicators for the second quarter of 2017.
They say that the lev |
|
|
|
|
|
 |
 |
 |
 |
|
|
|
|
Landlords 'don't know what tenants want' |
|
Landlords in the private rental sector are out of touch with their tenant’s wants and needs, according to new research.
The findings from an online letting agent revealed that tenants are clear most often about what they want and t |
|
|
|
|
|
 |
 |
View more
|
|
Are you an existing landlord?
Click here to log into your account
|
Are you new to AFS, click here to find out more information
|
|
|  |
|