StockMarketWire.com - The UNITE Group, developer and manager of student accommodation, and GIC Real Estate, the real estate arm of the Government of Singapore Investment Corporation, have extended their existing joint venture UNITE Capital Cities, (UCC) and the creation of a new partnership through which UNITE will undertake its next phase of London development activity.
The transaction, which is expected to be accretive to both UNITE's earnings and NAV whilst also delivering a reduction in the Group's leverage, comprises four principal components: Full story
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Unite extends and expands jv with Singapore's GIC - Reuters India
