“The top 20 cities with the best conditions for investment in the student housing sector are an interesting mix comprising all seven German Class A cities, four major European university cities, plus a number of ‘hidden champions’. A strategy that focuses exclusively on Class A cities ignores the opportunities that Münster, Karlsruhe, Hanover, Ulm, Braunschweig, Darmstadt and Koblenz in particular have to offer.”

“Rental expectations and appreciation are likely to be more modest in future as the market will be unable to maintain the price dynamics of the start-up phase. So it will be interesting to see how things pan out in the student housing asset class over the coming years.”

“As the sector undergoes dynamic expansion of supply and increasing professionalism through private-sector players, we should not overlook the enormous potential of the mid-price Segment.”