Summary:
- Student accommodation in Hong Kong is rapidly expanding as local developers, universities, and global funds invest heavily, driven by strong demand from mainland Chinese students and government initiatives to boost the city’s higher education status.
- The SAR government is actively supporting growth through policies like the expanded Hostels in the City Scheme, rezoning waivers for conversions, and land allocation for dedicated student housing, aiming to address an estimated shortfall of 120,000 beds by 2027/28.
- Institutional investors including Angelo Gordon, AEW Capital, and PGIM Real Estate have committed over HK$4.6 billion since 2021, with projects converting hotels into high-occupancy student housing, reflecting growing market confidence and the sector’s increasing share of large-scale property investments.
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