UK purpose-built student accommodation provider Unite Students hit a record £184.3 million in earnings in 2023, its latest results show.
The 13% year-on-year rise in earnings in the year ending December 31, 2023, saw the operator reach a 99.8% occupancy rate and 7.4% rental growth.
The report also shows a “strong outlook” for reservations in the 2024/25 year, with 80% of beds already booked.
Chief executive Joe Lister said that the “strong set of results” was driven by full occupancy, rental growth and substantial investment.
