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% .

 brandeauxupdate_01.03.10

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

BRANDEAUX’S STUDENT ACCOMMODATION ALREADY
OVER 75% BOOKED FOR 2010/2011 UNIVERSITY TERM

To download a printable PDF of this Brandeaux Update, click here

Students attending UK universities are clambering to book their 2010/2011 accommodation. Brandeaux’s accommodation is already over 75% booked to date, seven months ahead of the university term beginning late September 2010. With such strong demand at this early stage, Brandeaux is well on track for 100% occupancy, to keep up its previous three years track record.

Eighteen of Brandeaux’s forty-five residences are already 100% booked for students of our university partners, including those in the major university cities of Aberdeen, Birmingham, Cardiff, Coventry, Leicester, Liverpool, London, Newcastle and Sheffield.

The net rental price increases for 2010/2011 across the portfolio average 7.75% against 2009/2010 on a like-for-like basis. Rental price increases have not lessened the demand for quality, well managed accommodation in mainstream university locations.

The strong demand for accommodation, coupled with nearly 8% net rental price increases, is good news for BSAF(£) investors, as performance is driven mainly by:
• net rental income derived from occupancy; and
• the ability to increase rents the ability to increase rents year-on-year.

The outlook for 2010/11 is very positive and BSAF(£) looks set for another top-of-target performance.