Unite delays 1,300-bed student housing schemes

Unite - CGI

Student accomodation provider falls to half year loss following impact of covid crisis

Student housing provider Unite has fallen to a £74m loss in first half results reflecting the drop in value of its property portfolio in the wake of the covid crisis.

In addition the firm said it will not be able to complete work on two developments supposed to be ready for the start of the academic year in September because of the lockdown construction hiatus earlier in the year.

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