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Unite Group profiting from the return of university students

It will be hopeful that the last national lockdown is behind us and restrictions on international students begins to ease.
Unite Group profiting from the return of university students
  • EPRA earnings were up 18 per cent for the first half of the year.
  • UCAS application growth of 4 per cent is promising.

Student accommodation provider Unite Group (UTG) has swung back into profit in its half year results. The property company had to raise £300m last June to cover its losses after all students were asked to vacate campuses but its recent results have shown a return to pre-tax profits.

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