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This article first appeared on GuruFocus. Rental Income Growth: Increased by 1.5% on a like-for-like basis. Adjusted EPS: Reduced by 8% to 27.1p. Interim Dividend: Unchanged at 12.8p. Property Yields: Increased by 29 basis points to an average of 5.5%. Net Tangible Assets per โฆ
Unite Group (LON:UTG) said its first-half performance met expectations as the U.K. student-accommodation provider advanced a strategy to concentrate its portfolio around stronger universities, accelerate asset sales and use surplus capital for development, partnerships and share buybacks. The company said applications to high-tariff universities โฆ
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