Corona crisis plunges UK university assets into uncertainty

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By Silas Brown, Tom Brown
09 Jul 2020

UK universities face financial peril. Having been shuttered due to the coronavirus pandemic, some risk going bust, according to the Institute for Fiscal Studies (IFS). Meanwhile, as accommodation operators grant refunds to students who are locked out and locked down, CMBS deals backed by student accommodation may survive, if sufficient numbers return to residences when the next academic year begins. Silas Brown and Tom Brown report.

Since the pandemic reached the UK, speculators have wondered how badly its universities might be affected. This week, investors wrestled with two conflicting data sets. 

A report published by the IFS on Monday estimated that 13 universities may go bust if they do not carry out debt ...

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