Property News · May 28, 2018

UK developers cash in on privatisation of student housing


Tens of thousands of undergraduates are paying for accommodation at universities where developers are cashing in on the privatisation of student housing using offshore companies, a Guardian investigation has found.
More than 20,000 students are paying for rooms owned by companies based in places such as Jersey, Guernsey, the British Virgin Islands and Luxembourg but that figure is likely to be an underestimate given the surge in building in university towns in recent years.
The holding…

Source : South China Morning Post
Read more…UK developers cash in on privatisation of student housing

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