Stock Market News
Unite Students buys Edinburgh property for £24m
Student accommodation provider Unite said it had bought a 331 bed property in Edinburgh for £24m, representing an acquisition yield of 6%.
The site, located close to the University of Edinburgh's campus on Prince's Street, is 100% let for the 2017/2018 academic year, Unite said.
"The transaction supports Unite's strategy of aligning its property portfolio with high-ranking universities in the UK where student numbers are growing, and creating further earnings growth and visibility," bit said in a statement, adding that the acquisition increased its total number of beds in Edinburgh to 1,680.
The site, located close to the University of Edinburgh's campus on Prince's Street, is 100% let for the 2017/2018 academic year, Unite said.
"The transaction supports Unite's strategy of aligning its property portfolio with high-ranking universities in the UK where student numbers are growing, and creating further earnings growth and visibility," bit said in a statement, adding that the acquisition increased its total number of beds in Edinburgh to 1,680.
Related share prices |
---|
Unite Group (UTG) share price |
Stock News headlines are gathered from financial news sources around the web. Views and opinions on each item are from their respective authors and website. They are not opinions of LiveCharts.co.uk
Get a free widget for your website with our latest headlines.
You can now add our live prices and new headlines to your website.The news widget features quotes for Oil prices, spot Gold price and Indices plus a choice of news channel for healines.
Top Shares pages
- Share price quotes
- Share charts
- Share watch list
- Company Results Calendar
- Top Large UK Shares
- UK Market Sectors
- Stock market news
- Company news
- Share tips
- A-Z company search
More share features
POPULAR Share Prices
- Royal Mail share price
- Lloyds share price
- HSBC share price
- Barclays share price
- Prudential share price
- Santander share price
- NEXT share price
- Diageo share price
- BP share price
- Vodafone share price
- British Airways
- Centrica share price
- Tesco share price
- Taylor Wimpey Share Price
- National Grid
- GKP Share Price
- Marks and Spencer
- Rolls Royce
- Rio Tinto
- THG Share Price
- Aviva Share Price
- Boil Share price
- Easyjet Share Price
- Genedrive Share Price
- SSE Share Price
- IAG Share Price
- Boohoo share price
- HE1 share price
- AVCT share price
- BOOM share price