Summary:
- Unite Students is selling its 571-bed St Pancras Way London asset to USAF for £186 million, slightly below book value, securing at least £115 million in cash and modestly increasing its stake in the fund.
- The disposal forms part of Unite’s plan to boost annual asset sales to £300–400 million, freeing capital for higher-return investments while maintaining exposure to a key London asset and supporting 2026 earnings guidance.
Original article:
