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Unite Group sells 2 properties for £96M

Unite Group PLC's Unite Students Ltd. divested two properties in Coventry, U.K., to Singapore-based Mapletree Investments Pte Ltd. for £96 million.

The properties are the 736-bed Callice Court and the 391-bed Millennium View.

The transaction reflects Unite Student's strategy of recycling capital through disposals to re-invest into its development pipeline.