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Real estate developers pile into UK student housing sector

Record number of deals in 2024 comes despite sharp fall in international student numbers
Greystar’s One Medlock Street student accommodation scheme in Manchester

Real estate developers are piling into UK student housing despite a decline in international student numbers and worsening financial challenges in the higher education sector.

Private developers signed a record 22 land deals in the purpose-built student accommodation market in 2024, totalling £473mn, according to a report published on Tuesday by real estate group Knight Frank.

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