Occupancy: The percentage of available beds or units in student housing that are currently rented or occupied. As per Unite (2026), targeted occupancy for 2026-27 is between 93% and 96%, indicating the proportion of beds filled by students.
Rental Growth: The increase in rental income generated from student housing properties over a specific period. Unite (2026) forecasts rental growth of 2% to 3% for the 2026-27 academic year, reflecting market trends and demand.
Like-for-Like Income Growth: The change in income from existing properties, excluding new acquisitions or disposals, used to assess performance of the current portfolio. Unite (2026) projects like-for-like income growth of 0% to 2%, down from 0% to 4%, indicating a slowdown in income growth from existing assets.
Property Sales: The process of selling student housing assets to generate cash or reallocate investments. Unite aims for annual property sales between £300 million and £400 million, highlighting strategic divestments and portfolio management.
1. What does the term 'Student Housing Market' specifically refer to?
2. How many beds did Unite acquire through its purchase of Empiric Student Property?
3. What is the targeted occupancy rate range for Unite in the 2026-27 academic year?
Student occupancy — target range?
93%-96% occupancy in 2026-27.
Unite acquisition — beds added?
7,700 beds from Empiric Student Property.
Occupancy — target range?
93%-96%, beds filled by students
Rental Growth — forecast?
2% to 3% for 2026-27
Like-for-Like Income — growth rate?
0% to 2%, slowdown from 0%-4%
Unite — recent acquisition?
Empiric Student Property, 7,700 beds
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