Student rooms developer Unite moves into build to rent

Student accommodation developer Unite has bought a major build to rent tower in Stratford East London to pilot a move into the private professional rental market.
Unite Students has acquired 180 Stratford, a 178-unit purpose-built build-to-rent complex for £71m and now plans a major refurbishment of the high-rise scheme.
The acquisition and refurbishment will be funded from the proceeds of recent student block disposals.
The property is expected to produce a yield on cost of 4.3% following