Unite upbeat on student property growth

The government may be moving to increase higher education tuition fees, but Unite Group, the UK’s largest listed student landlord, said it was still confident that the demand for accommodation would grow.

Updating the market for the five months to November 4, Unite said 97 per cent of its portfolio of nearly 40,000 beds had been reserved for the 2010/2011 academic year, and that it expected rents to increase by 3-4 per cent this year …

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