Student Landlord Unite Hires Goldman to Ramp Up Asset Sales

Unite Group Plc, the UK student housing landlord, has appointed Goldman Sachs Group Inc. as financial adviser and joint corporate broker as the company seeks to accelerate asset sales.

The bank will work alongside Unite’s existing brokers JPMorgan Chase & Co.’s Cazenove and Deutsche Numis and will advise the company’s board “on options for further asset disposals,” according to a statement Friday. The announcement came as Unite separately reported it had reserved 74% of beds for the next academic year, down from 76% a year earlier.