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Housing Today
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Unite announces new CEO
Student accommodation developer prepares for CEO’s departure as it reports rental growth
Unite Students has today announced that its CEO, Richard Smith, will step down after 13 years.
The announcement comes as Unite Group reported £116.9m in profits before tax from January to July 2023, despite a revaluation loss of £10.8m.
Unite reported a £334.1m profit before tax in H1 2022, but this was largely due to a net revaluation gain of £199.7m.
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