Another fund to consider, very solid returns, it owns 43 buildings in the UK which it rents out to over 15,000 students has 100% occupancy ratio and only had bad debts of 0.2% .
Fund has a 6 month notice period to redeem but usually deals on a monthly basis we can enter this via a life companies fund range.
Brandeaux was a pioneer in providing private student accommodation in the late 1990s, and is now one of the largest investors in the sector. The Fund has a geographically diverse portfolio across the UK, which totals over 15,000 beds in residences located in 18 major university towns and cities.
Brandeaux has developed strong university relationships and now has more than 60% of total rents secured under university nomination agreements.
Brandeaux has 100% occupancy for the 2009/10 university year, as it has had for the last two years. The accommodation is marketed under the Liberty Living brand, which is synonymous with high quality and excellent levels of service. This has engendered good relationships with both universities and students. http://www.libertyliving.co.uk/gallery.php
Average rent increases across the portfolio for 2009/10 on a like for like basis compared to 2008/09 are in excess of 8.6%, compared with 6.8% for the previous year.
1 YEAR+10.05%
5 YEARS+34.64%
3 YEARS+59.60%
SINCE LAUNCH+141.00%
All returns are shown net of Brandeaux charges.
BRANDEAUX STUDENT ACCOMMODATION FUND (STERLING)
From launch 15/06/00 to 31/12/09
Returns quoted are net of Brandeaux charges Source: Lipper Hindsight
