Unite Group reported a “strong start” to the 2024/25 sales cycle, with 71% of its rooms reserved, compared to 70% the prior year. “We have been encouraged by particularly strong demand from university partners with 4,000 extra beds reserved compared to the same stage of the 2023/24 sales cycle,” the student accommodation provider added.
Unite said it is confident in its target of delivering 5% rental growth in the academic year sales cycle. It is on-site with four development schemes, to add 2,000 beds in the next two years, and says its Meridian Square project in London remains on track for delivery for 2027/28.
