Unite Group Reports Improved Q2 Reservations and Maintains Earnings Guidance
Unite Group reported an 86% overall booking rate for Q2, one percentage point ahead of last year. The company reiterated its occupancy guidance of 94%-96% for the next academic year and expects rental growth between 1%-2%. It also outlined progress on Empiric integration and raised its outlook by a few percentage points.
Topics: buybacks disposals occupancy_rates reservations student_accommodation