Unite Group’s net asset value rises 4.1 percent in the second quarter
Britain’s biggest developer of student housing, said the net asset value of its flagship fund rose 4.1 percent in the second quarter, bucking turbulent conditions in the broader property market.
The fund’s strong relative performance in the second quarter of 2009 highlights the continued resilience of student accommodation compared to the broader real estate sector,” Unite’s Chief Financial Officer Joe Lister.