GCP bullish on student outlook as NAV rises 6%

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GCP Student remains bullish on the outlook for student accommodation, despite Brexit, as it reports a 5.9% rise to 157.93p in its NAV per share in its half-year results.

In a statement chairman Robert Peto said education remains a “core sector” for the UK economy and, notwithstanding the uncertainty of Brexit, “the attraction of the UK, and London in particular, for domestic and global students alike remains evident.”

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