Unite Students disposes of 13 student properties
Unite Students has exchanged contracts for the disposal of 13 properties, comprising 4175 beds to a Brookfield-managed fund for £295m, with its share being £102m.
The deal was expected to complete in Q2 2017.
“The disposal is part of Unite’s strategy to provide the capital to fund further growth in its high-quality development pipeline which is focused on mid to high ranked University locations with the most secure long-term growth prospects,” it said …