Unite predicts student cap boom for property fund

The Unite UK Student Accommodation Fund (USAF) grew by almost 7% in 2013, the student property group has announced.

The fund, which owns and manages a portfolio of 59 student properties, was valued at £727 million at the end of 2013. That’s up from £678.5 million in 2012.

The total return for the year, including payment of income distributions, was 12.6% …

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