No. of Recommendations: 2
Another example of a recent sale, variety of cities, all at book value.
https://www.unitegroup.com/articles/disposal-of-si..."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.
https://www.unitegroup.com/wp-content/uploads/2025... (slide 13)
