Outlook for a growing sector
The student housing sector emerged from the recent global health crisis in a stronger position; even despite the current economic instability, it is expected to attract much interest and to have solid fundamentals in 2023. It will end 2022 with €1,500 million in total investment in Spain, a milestone that was reached with the sale of the RESA portfolio to the Dutch infrastructure fund PGGM.
Spain has a large and diverse offering of world-renowned universities, as evidenced by its many world-class institutions. Hence, the Spanish university system is positioned as an international point of reference, buttressed moreover by an unrivalled cultural and leisure activity offering that is highly regarded by all students, but especially international students, the number of which rose by 7.7% year-on-year in the 2021-2022 academic year.