UNITE hits 2012 disposal targets

Student accommodation group UNITE has hit its disposal targets for 2012 after completing the sale of two assets in London and Glasgow.

Student accommodation group UNITE has hit its disposal targets for 2012 after completing the sale of two assets in London and Glasgow.

The company and its co-investment vehicles has make £127m of non-core asset sales in the year to date, in line with book value, meaning that it is on track to hit its target to cut leverage to around 50% loan-to-value by the end of the year.

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