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JLL: 68 Projects are in the Pipeline in the Student Hall Sector Until 2022

During the first quarter of 2020, operations amounting to 120 million euros were closed before the pandemic, according to the consultancy JLL, but now the market is in a stand-by position.

Residencia estudiantes IQ
A hall of residence owned by IQ, one of the specialists in the sector.

During the first quarter of 2020, operations amounting to 120 million euros were closed in the student residence market in Spain, according to the consultancy JLL. And interest in the market is global: just a few days ago, the investment fund Blackstone completed the purchase of the student residence company IQ Student Accommodation from Goldman Sachs and Wellcome Trust for GBP 4.7 billion (around 5.2 billion euros).

But the situation has radically changed since the pandemic, with the market now in a standby position.

Read the full article in Spanish.

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