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GCP Student Living Sees Limited Impact From Brexit

28th Jul 2016 16:19

LONDON (Alliance News) - Student accommodation investor GCP Student Living PLC on Thursday declared its fourth interim dividend and said it does not foresee a material impact on its operations from Brexit.

GCP declared a fourth interim dividend of 1.43 pence per share.

The firm said while the long-term implications are Brexit are uncertain, it does not anticipate a material impact on its portfolio. GCP said its portfolio is centred on London and it should continue to benefit from favourable supply-demand dynamics in the capital.

GCP Student Living shares closed up 1.0% at 141.17p.

By Sam Unsted; [email protected]; @SamUAtAlliance

Copyright 2016 Alliance News Limited. All Rights Reserved.


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