Unite Group (UTG.L): Headwinds continue to persist, accelerated disposals-20260728
花旗·2026-07-28 15:16
Flash | 28 Jul 2026 02:51:31 ET │ 10 pages Unite Group (UTG.L) Headwinds continue to persist, accelerated disposals CITI'S TAKE EPS down -8% YoY and NAV down -9% in H1. Management note a portfolio refocus to c20 cities and c55,000-60,000 beds compared to c72,000 beds as at H1 2026. Identified disposal pipeline of between 15,000-20,000 beds and majority assets expected to be marketed in 2026. Management expect a +3-4% increase in demand for student accommodation over 2026/27 concentrated in cities with stron ...