A high-end student accommodation developer from the U.K. has become one of the first companies to open an office in Southeast Asia to specifically cater to the increasing number of student accommodation buyers in the region.
With its new branch in Singapore, Vita Student expects “to build strong relationships with local agents by providing a robust marketing and communication resource for them to utilise”. In addition, Vita aims to get in touch with clients here to help them make the best informed decisions.
“Singapore represents a great opportunity for Vita as the investor appetite for student property here is very strong. Investors from this part of the world really understand the Vita concept and its investment strength,” said Justin Humphreys, Head of Business Development for Asia Pacific.
“I think this is mainly because Vita student property is designed specifically to meet the needs of the growing number of international students coming to study in the UK. International investors are aware of the growing number of students they are sending to the U.K. and simply recognise the opportunity – this is especially prevalent in Southeast Asia,” he added.
Vita’s projects are centrally located in university towns with ample demand for high-quality student accommodation to ensure high occupancy and maximum returns for property owners.
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