London close: Stocks firmer after UK, US inflation data

15th Jan 2025 15:03

(Sharecast News) - London's stock markets closed significantly higher on Wednesday, buoyed by positive inflation data from both sides of the Atlantic.

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Goldman starts Unite Group at 'buy', cites strong fundamentals

15th Jan 2025 09:51

(Sharecast News) - Goldman Sachs initiated coverage on student accommodation landlord Unite Group on Wednesday with a 'buy' rating, citing strong fundamentals and an attractive valuation entry point.

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Unite maintains guidance, reports solid start to new year

9th Jan 2025 07:37

(Sharecast News) - Student accommodation group Unite has reiterated its profit guidance after a solid end to its financial year, as it pointed to continued strong occupancy levels and rental growth over the next academic year.

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London close: Stocks finish lower as Ashtead announces US move

10th Dec 2024 16:03

(Sharecast News) - London stocks closed in negative territory on Tuesday, weighed down by a dip in sentiment following news that Ashtead planned to shift its primary listing to the United States, adding to a growing trend of London-listed firms looking across the Atlantic.

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JPMorgan upgrades Unite, downgrades LondonMetric

10th Dec 2024 07:31

(Sharecast News) - JPMorgan Cazenove upgraded Unite Group but downgraded LondonMetric on Tuesday as it took a look at the outlook for European property stocks.

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Unite Group delivers strong rental growth in Q3 as valuations increase

8th Oct 2024 07:38

(Sharecast News) - Student accommodation developer Unite delivered a strong lettings performance in the third quarter, with occupancy levels already close to the full-year target.

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London close: Stocks mixed as investors assess hung French parliament

8th Jul 2024 15:07

(Sharecast News) - London markets showed mixed performance on Monday as investors weighed the implications of a hung parliament in France.

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Unite Group confident amid strong student demand

8th Jul 2024 07:25

(Sharecast News) - Student accommodation provider Unite Group issued a promising update on current trading and property valuations on Monday, as it anticipated nearly full occupancy and significant rental growth for the upcoming academic year.

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Unite Group sells six properties

13th May 2024 07:12

(Sharecast News) - Unite Group announced the sale of six properties to PGIM Real Estate on Monday, for £184m, with its share amounting to £76m.

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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.

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London 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.

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Unite 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.

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Unite 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.

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Unite 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.

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Morgan 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.

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