Rental growth drives improvement in UNITE's asset value

Student accommodation provider UNITE saw the estimated value of its UK Student Accommodation Fund edge higher in the final quarter of 2011.

Student accommodation provider UNITE saw the estimated value of its UK Student Accommodation Fund edge higher in the final quarter of 2011.

The estimated net asset value (NAV) as at the end of 2011 was 85.7p per unit, up 1.8% on the value at the end of September, and 6.1% higher than at the end of 2011. The total return for the year including the payment of income distributions was 11.5%.

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