Boost for PBSA as students signal readiness for campus return
Occupancy rates among students remain high as positive data surprises analysts. Nicol Dynes reports.
PBSA has emerged a winner as fears over the impact of coronavirus on universities have proved to be unfounded.
“It has been a pleasant surprise and a relief to see how well the sector has performed this past year,” says Nigel Allsopp, senior director, investment strategy & research, at developer and asset manager Greystar. “A year ago there was a suggestion that study would change and transition online forever, but in Continental Europe economic occupancy rates have stayed over 90%.”
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