Finance

Unite sells £100m assets to USAF

By 2019-09-25T07:33:00

Students

Source: Shutterstock/Monkey Business Images

Student accommodation giant Unite has sold two assets for £100m to its joint venture group, the Unite UK Student Accommodation Fund (USAF).

The assets are located in Birmingham and Newcastle and comprise a total of 1,155 beds, and the deal represents a net initial yield of 5.5%.

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