Student Room Profits Boom

Summary


STUDENT accommodation group Unite unveiled a strategy for further expansion today, as it posted higher profits for the year to December 31.

Although revenues dipped from pounds 113.8m to pounds 110.6m, profits before tax and charges rose from pounds 28.lm to pounds 58.5m, after accounting for a pounds 12m charge to set up the Unite UK Student Accommodation Fund which will identify future property investment opportunities.

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Extract


Student Room Profits Boom

The firm has developed three sites in Liverpool, providing almost 3,000 ...

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