Unite Group reiterates rental guidance after solid Q1
9th Apr 2024 07:15
(Sharecast News) - Student accommodation manager and developer Unite has said it is still confident in hitting rental growth targets for the next academic year while property values held more or less stable in the first quarter.
Read moreLondon close: Stocks turn red on return from Easter break
2nd Apr 2024 15:22
(Sharecast News) - UK stocks experienced a downturn by the end of trading on Tuesday, as investors resumed activity following the extended weekend, with initial gains reversed by the close ahead of a week marked by a number of key economic data releases.
Read moreUnite Group inks development deal with Newcastle University
19th Feb 2024 07:22
(Sharecast News) - Student accommodation specialist Unite Group announced a joint venture with Newcastle University on Monday, for the development of 2,000 new student beds.
Read moreUnite maintains guidance as reservations rise to record high
9th Jan 2024 07:25
(Sharecast News) - Student accommodation group Unite has held on to full-year guidance after a solid fourth quarter, with property values holding stable and reservations rising to a record high.
Read moreUnite Group reports strong occupancy, rental growth
5th Oct 2023 07:46
(Sharecast News) - Student accommodation operator Unite Group provided an upbeat trading update on Thursday, reporting a robust 99.7% occupancy rate for the 2023-2024 academic year.
Read moreMorgan Stanley sees 'compelling' opportunity with UK property stocks
26th Sep 2023 09:24
(Sharecast News) - UK real estate investment trusts (REITs) offer a "compelling" investment opportunity, according to analyst at Morgan Stanley, who said that the sector could soon see a recovery as challenging macro conditions slowly begin to ease.
Read moreUnite to invest £95m in new Glasgow student accommodation
13th Sep 2023 07:27
(Sharecast News) - Student accommodation manager and developer Unite is buying up a new 800-bed development scheme in central Glasgow, increasing its portfolio in the city to 3,000 beds.
Read moreUnite Group completes £300m capital raise to expand pipeline
25th Jul 2023 07:46
(Sharecast News) - Student accommodation specialist Unite Group announced the successful completion of its capital raise on Tuesday, raising gross proceeds of £300m for two new developments, and to expand the company's pipeline.
Read moreUnite Group reports strong sales for new academic year
10th Jul 2023 07:27
(Sharecast News) - Student accommodation specialist Unite Group reported a robust sales performance for the upcoming academic year on Monday, with 98% of rooms already sold.
Read moreUnite says 90% of student rooms booked for next academic year
12th Apr 2023 07:05
(Sharecast News) - Student accommodation provider Unite said it had already sold 90% of its rooms for the 2023/24 academic year, reflecting strong demand as well as new nomination agreements with universities.
Read moreUnite Group FY performance returns to pre-pandemic peaks
28th Feb 2023 08:02
(Sharecast News) - Student accommodation provider Unite Group said on Tuesday that its full-year performance had come in ahead of pre-pandemic peak levels and pointed to a "strong outlook" for 2023-24.
Read moreUnite sees earnings at top end of range
10th Jan 2023 07:43
(Sharecast News) - Student accommodation provider Unite said annual earnings would be at the top end of guidance as higher than expected rental income in term 1 of the 2022/23 academic year more than offset the impact of higher interest costs in the second half of the financial year.
Read moreRBC Capital starts coverage of Unite Group at 'outperform'
13th Oct 2022 08:38
(Sharecast News) - RBC Capital Markets started coverage of Unite Group on Thursday with an 'outperform' rating and 1,025p price target.
Read moreUnite earnings set to come in at top end of forecasts
10th Oct 2022 07:01
(Sharecast News) - Unite Group said full-year earnings were on track to come in at the top end of expectations on Monday, as student numbers continue to grow.
Read moreUnite Group disposes of six properties in Aberdeen
21st Sep 2022 07:47
(Sharecast News) - Student accommodation provider Unite Group has disposed of a portfolio of six properties in Aberdeen for £33.0m, in line with prevailing book value and reflecting a passing net operating income yield of 6.0% for the 2022-23 academic year.
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