Brief: Unite Group Announces Disposal Of £186 Mln Asset To Unite UK Student Accommodation Fund
24/02/2026 07:16
Feb 24 (Reuters) - Unite Group PLC UTG.L: UNITE GROUP PLC - DISPOSAL OF £186M ASSET TO USAF UNITE GROUP - DEAL ANTICIPATED TO CLOSE IN APRIL UNITE GROUP - DISPOSAL REPRESENTS 1% DISCOUNT TO DECEMBER 2025 BOOK VALUE UNITE GROUP: EXPECTS TO RECEIVE MINIMUM NET PROCEEDS OF £115M IN CASH UNITE GROUP: INTENDS TO MAINTAIN ITS OWNERSHIP IN USAF AT AROUND 30% OVER MEDIUM-TERM Source text: ID:nRSX0867Ua Further company coverage: UTG.L ((Reuters.Briefs@thomsonreuters.com;))