Student housing giant Unite faced £400m loss amid property value slump

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Unite Students has plunged to a more-than £400m loss after being hit by a £500m revaluation of its properties and “extremely challenging” building costs.

The UK’s largest student landlord slumped to a £417m pre-tax loss in the six months to June, reversing a £186m profit the year before, as its earnings slipped by two per https://www.cityam.com/unite-students-plunges-to-400m-loss-on-falling-property-values/">[...]