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Unite Group reports a 16% jump in earnings to £214M, projecting 4-5% rental growth in 2025.
Unite Group, a major UK student housing provider, reported a 16% rise in adjusted earnings to £214 million for 2024, with an 8.2% rental growth.
The company operates 157 properties serving 70,000 students and anticipates 4-5% rental growth for 2025.
Despite a challenging market, Unite Group's outlook is positive, driven by increased demand and policy support for international students.
The company's share price rose 2.4% on the earnings report.
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Unite Group reporta un aumento del 16% en las ganancias a £214M, proyectando un crecimiento del alquiler del 4-5% en 2025.