The UK’s biggest student accommodation provider has said it is increasingly confident for rental growth next year, though inflated build costs have impacted its development pipeline.
Unite Group, which is headquartered in Bristol but runs properties around the country, said strong sales progress in Q1 had seen it close the gap on record pre-pandemic reservations levels.
Across the group’s entire property portfolio, 77% of rooms have now been sold for the next academic year, compared to 69% a year ago and short of the 79% for 2020/21.
