India, July 8 -- Unite Group PLC (UTG.L) on Wednesday reiterated its fiscal 2026 adjusted earnings guidance of 41.5 pence to 43.0 pence, saying first-half trading was in line with expectations, supported by strong demand for short-term room rentals and effective cost control.
The student accommodation provider maintained its outlook for 0%-2% growth in like-for-like income for the 2026/27 academic year and updated its expectations to occupancy of 94%-96% and rental growth of 1%-2%, from its previous guidance of occupancy at the lower end of 93%-96% and rental growth of 2%-3%.
Unite said 86% of its beds have been reserved for the 2026/27 academic year, up from 85% a year earlier.
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