Company
Unite Group PLC
LON:UTG
UNITE Group plc is engaged in the construction, management and rental of student residential accommodation in the United Kingdom. The Company produces bedroom, bathroom and other modular components at its Gloucestershire production facility. During the year ended December 31, 2007, the Company operated over 37,500 student beds across the United Kingdom, 17,767 of which were owned by the UNITE UK Student Accommodation Fund. On March 1, 2007, the Company acquired a portfolio of properties from Base Limited, which included 1,502 bed spaces in Liverpool, Leicester and Sheffield. In October 2007, the Company launched its project providing managed accommodation for young professionals and graduates, operated under the Livocity brand. The project comprises 62 bed scheme, and is located in Devonshire Street, Regent’s Park.
66 stories
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FTSE 100 plunges 100 points as BP, Shell fall with Vistry and miners
The FTSE 100 tanked on Tuesday as miners, Asia-focused stocks, oil firms and housebuilders all weighed
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FTSE 100 closes lower as traders brace for news from US this week
Britain's blue-chip benchmark finished the day down nearly 32 points, or 0.45%, at 6,959
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Unite Students has sold its portfolio of 11 properties, including 4,488 beds, to an affiliate of Lone Star Funds for £306mln.
Unite Group eyes 80,000 increase in international students by 2030
Occupancy for 2021/22 is expected to be 95-98% with 2-3% rental growth
Unite Group extends 50% discount for students who can’t access rooms due to restrictions
Students across the UK have been on rent strikes to protest against high university costs during the COVID-19 crisis
Unite Group says 'too early' to reinstate dividend as some students still staying away
With the first term almost over, 80% of students have checked in to their university accommodation
Unite Group expects 10%-20% drop in rental income
Around 88% of bed spaces are let across the student accommodation provider's whole portfolio, compared to 98% a year ago
Unite acquires 300-bed development in Edinburgh
Total development costs are estimated to be £24mln, with first rents targeted for the 2023/24 academic year
Investments and investor services
Peel Hunt upgrades Unite, starts covering GCP Student Living, Empiric Student over ‘back to school’ prospects
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Berenberg downgrades Unite over expected collapse in international students
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Unite Group to forgo rent for students leaving rooms before term ends
Students with nowhere to go over the summer will also be offered free accommodation
Unite Group expects minor hit from coronavirus outbreak
Reservations for the next academic years are currently at 77% while the summer programme has been reduced
Unite Group to manage new student housing development in Leeds
The FTSE 250 student accommodation firm will rent out 559 of the 976 beds, in line with its annual rental growth target of 3.5%
Unite Group sells luxury student developments to Singaporean investor
Mapletree Investments will acquire Unite’s two wholly-owned blocks for £96mln
Unite Group buoyed by record student numbers
Richard Smith, chief executive, said the portfolio in the coming academic year was already 92% booked.
Investments and investor services
FTSE 100 closes higher as Boris Johnson gets keys to Number 10
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Regulatory clamp-down set to dent revenues at trading platform IG
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Investments and investor services
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For the year ending in December 2018, the FTSE 250-listed firm recorded a 7% increase in pre-tax profits to £245.8mln, while EPRA earnings grew by 25% to £88.4mln
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Student accommodation firm Unite Group says full year rental growth on track
Unite said 98% of its accommodation has been let for the 2018/19 academic year
Unite Group targets portfolio growth as profits jump in first half
The FTSE 250 student accommodation group reported a pre-tax profit of £142.5mln for the period, up from £83.9mln in the same period a year ago
FTSE 100 closes firmly higher with miners taking the top spots
The global financial body added that several countries, including the US and UK, had excessive current account deficits and borrowed too much
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Investors looking for some thirst quenchers from Britvic, Fevertree, and Fuller's
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Unite Group unveils new student accommodation project with Oxford Brookes University
"This acquisition represents another exciting step in Unite's strategy of building long term partnerships with high quality universities.”
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Glaxo hoping not to make a right Horlicks of combating generics challenge
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Aggreko and UNITE Group make it to the podium for "Dividends don't lie" portfolio
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Dividends don't lie revisited: two new ingredients for the pot but RPS is removed
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UNITE Group acquires interest in property in Durham
Durham is a world-class university with a growing student population.
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Proactive Investors' "Dividends Don't Lie" stock filter off to a fast start
The three companies identified by the filter - Aberdeen Asset, RPS and Unite - have all been in the news today
Investments and investor services
Proactive Investors' "DIvidends Don't Lie" stock filter off to a fast start
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Dividends don't lie ... but which stocks might be fibbing?
Having coughed up four candidates for a portfolio based on the principles of the "Grand Dame of Dividends", Geraldine Weiss, which stocks survive closer scrutiny?
Dividends don't lie ... but which stocks might be fibbing?
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Do dividends still not lie? (A word to the Weiss)
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Investments and investor services
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Investments and investor services
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Investments and investor services
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