Irish Purpose Built Student Accommodation: Undersupplied and Counter-Cyclical

The Irish student accommodation market has received significant attention in recent months, piquing investor interest due to its strong underlying fundamentals and defensive characteristics. Demand for Irish higher education continues to increase year-on-year, with rapid growth in enrolments, particularly among international students. Despite these sustained increases in demand, student accommodation remains acutely under-supplied across the country. Irish student accommodation typically trades at a higher yield profile than other core real estate sectors, and we are seeing increased interest from both investors and lenders.