Source - SMW
Unite Group said its students unit had acquired a property in Edinburgh for a £24m representing an acquisition yield of 6%.

The site at 123 Fountainbridge, located close to the University of Edinburgh's campus on Prince's Street, consists of 331 beds and is 100% let for the 2017/2018 academic year.

Unite said the transaction supported its strategy of aligning its property portfolio with high-ranking universities in the UK where student numbers were growing.