No. of Recommendations: 2
Another example of a recent sale, variety of cities, all at book value.
unitegroup.com - Disposal of six properties for"13 May 2024
Unite Students, the UK’s leading owner, manager and developer of student accommodation, today announces the sale of six properties to PGIM Real Estate for £184 million (Unite Students share: £76 million).
The properties, comprising 2,948 beds, are located in Birmingham, Cardiff, Leicester, Liverpool, Nottingham and Sheffield. The disposals are priced in line with book value"
TRS
Note: Leicester, Nottingham and Sheffield are the three worst offenders for Unite's occupancy levels.
unitegroup.com - Investor event Nov (slide 13)
