Unite Group reported 74% of beds reserved for 2026/27, slightly below prior year, with direct-let reservations rising to 20%.
The REIT reiterated occupancy guidance of 93-96% and 2-3% rental growth for 2026/27, meeting consensus expectations.
It deployed £85 million of a £100 million share buyback and plans £300-400 million of asset disposals in 2026.
Quarterly valuations showed a 1.7% capital decline for the UK Student Accommodation Fund to £2.798 billion, with yields expanding.