Unite Students eyes growth despite cost of living as profits soar

The UK’s biggest university accommodation provider has said it remains confident of continued growth despite the pressure of the cost of living crisis on students and their families.Unite Students, which is headquartered in Bristol but runs properties around the country, said reservations for the 2022-2023 academic year were now ahead of pre-pandemic levels. In a trading update for the first half of the current financial year, the firm reported the removal of the last remaining Covid restrictions on higher education had yielded a “strong” financial performance, with earnings of £96m – up 32% from £72.6m a year earlier. Pre-tax profit leapt to £334.1m in the six …
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