Korean and Singaporean institutions/companies are all over Student Housing Investments worldwide. The trend is no surprise to us as we see little alternative choices if one looks for stable cashflow incomes from an asset class which is resilient to market shocks. Pension funds and Insurance companies are active in investing into Student Housing assets.
Among all the markets worldwide, we remain bullish about the US market, where occupancy has b een maintaining at above 90% for tier 1 assets during the pandemic. Occupancies are further boosted up for the spring semester in some cases, as students are eager to return to campus after a semester away. After learning from the best practices in the fall semester, colleges are more confident in opening up more in-person classes in spring by imposing the right health measures. Despite most classes are still on on-line mode, students are keen to come back and be close to the school, and more importantly, their friends. Check out this article from Pensions and Investments (subscription required) on Asian Investors' appetite in Student Housings during the pandemic.
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