Unite has confirmed its buy out of Connaught’s 40% share
Unite has confirmed its buy out of Connaught’s 40% share in UCS, a joint venture between the two firms which provides maintenance to student accommodation.
Chief executive Mark Allan said Unite had paid just £40 to acquire the stake, in line with the joint venture agreement, following Connaught’s demise in September.
This will give Unite control of all maintenance services across its student accommodation portfolio …