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Unite offloads £295m of student properties

Unite Students building
Unite Students building
Clare Burnett
Clare Burnett
Deputy Editor, Yorkshire

Student accommodation developer Unite Students is disposing of £295m worth of properties, including a site in Liverpool. The portfolio of sites in Birmingham, Bournemouth, Edinburgh, Glasgow, Liverpool and York, provide a total of 4,175 beds. Unite is selling to a Brookfield-managed fund, with completion of the sale set for the next quarter.Unite said it was part of its strategy to fund its development pipeline, in which it will ‘recycle’ up to £200m of assets during 2017. The proceeds from this sale will be... for the full story register now for free or login below...

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