19th Oct 2021 13:28
Unite Group PLC - Bristol, England-based student accommodation developer and manager - Says trading remains consistent with its update at the beginning of the month. Unite Students Chief Executive Richard Smith tells capital markets day event he sees "significant opportunities to commit capital through our development pipeline and university partnerships". Says student demand is expected to by strong over the next decade, due to population growth, rising participation rates in education, and increasing demand from international students. "This underpins our confidence in delivering attractive total returns and sustainable earnings growth for shareholders," Smith says.
Current stock price: 1,072.50 pence, up 0.3% on Tuesday
Year-to-date change: up 2.6%
By Tom Waite; [email protected]
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