Summary:
- Unite has agreed or completed disposals totaling £200 million in 2026, including non-income producing sites, at a weighted average NOI yield of 3%, supporting its strategy to realise value from development land and non-student assets.
- The company remains on track to deliver £300 million to £400 million in disposals this year, focusing on increasing alignment with the UK’s strongest universities to optimise its portfolio.
- CEO Joe Lister highlighted the sale of King’s Place as part of Unite’s capital recycling programme, aimed at meeting return requirements and enhancing shareholder value, with the transaction incorporated into the group’s unchanged FY26 earnings guidance.
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