Q2 2026 Unite Group PLC Trading Statement Call Transcript
Good morning, everyone, and thank you for joining the call where I'll be giving you a short update covering the positive momentum in trading since we last spoke, progress on disposals and capital allocation and valuation movements in the first half.
Please do pop any questions into the webcast and Mike and I will cover them off at the end. So overall, we're performing well with recruitments. We're seeing the strongest universities underpin this. It does continue to be a competitive leasing market, but we are seeing the value of our relationships with universities and the benefits of our leading operating platform.
It's fair to say that no two cycles are the same, and we still have a few important weeks to run, but we are guiding to 94% to 96% occupancy and 1% to 2% rent growth. Reservations are currently at 86%, which is one point ahead of the same time last year, having been one point behind in our last update. And it is clear that our platform is making an impact.
We've got a real focus on sales and
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