GCP Student Living Edison issues research
September 12 2018 - 6:02AM
UK Regulatory
TIDMDIGS
GCP Student Living plc
Edison issues research
Edison issues research on GCP Student Living plc
GCP Student saw strong growth in FY18 rental income, driven by an increasing
number of operational beds, continuing full occupancy and good levels of rental
growth. Growing dividends should be fully covered once current development
projects are completed and let. Capital values also grew, with investor
interest in the asset class remaining strong, contributing to 11.5% NAV total
return for the FY18 year. The Company continues to find attractive investment
opportunities, maintaining its selective approach to investment, both by
location and asset quality.
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