What is Purpose Built Student Accomodation (PBSA)?
As the name entails, these are purpose-built residential properties for rent tailored towards domestic and international students. They are typically located close to university campuses and consist of en-suites, shared rooms and studios. Given the large and growing amount of students globally, the asset class has seen a strong growth backed by the largest and most institutional investors and developers. Leases are typically flexible and follow the academic year while offering accommodation in between during the summer months. PBSA assets are managed by an operator who manages the amenities, is a first point of contact for tenants for any types of queries like leases.
