Finance

Unite sells 14 properties for £180.5m

By 2018-09-10T07:26:00

Students

Source: Shutterstock/Monkey Business Images

Unite Students has sold 14 properties, comprising 3,436 beds for £180.5m to Singapore Press Holdings.

Unite’s share of the sale is £84.7m and completion is due later in September 2018. The purchase price reflects a net initial yield of 6.3% and is slightly below book value. 

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