Student digs fund on course for 1 bn investment target

The Unite group has announced the successful conclusion of the second closing of the Unite Student Accommodation Fund (USAF). Unite, the UK's largest commercial provider of student accommodation, said it had secured the maximum level of third party equity, ensuring the fund is fully capitalised to reach its £1 bn investment target. USAF is an open-ended property fund which focuses on owning, acquiring and managing direct let student accommodation in the UK.

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