Leeds student accommodation sold as part of £111m deal

Student accommodation developer the Unite Group plc has announced it is selling two sites in Leeds and Portsmouth in an £111m deal to USAF. They sites combined offer a total of 1,223 beds. Unite says this represents a net initial yield of 5.5%. It has not yet named the Leeds site. Unite UK Student Accommodation Fund (USAF) is a non-listed open-ended fund focused on acquiring high quality student accommodation in university towns and cities across the UK, and has a portfolio of nearly 25,000 beds across the UK. At the same ti... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
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