Unite 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.

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Unite 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.

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Unite 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.

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Unite 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.

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Unite 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.

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Unite 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.

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RBC 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.

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Unite 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.

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Unite 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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Unite profits rise as Covid restrictions ease

27th Jul 2022 08:27

(Sharecast News) - Student accommodation provider Unite posted a rise in interim profits as Covid restrictions were eased on higher education.

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Unite on track to hit targets

8th Jul 2022 08:36

(Sharecast News) - Unite Group reported a strong start to the second quarter on Friday, on buoyant demand from both British and international students.

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Unite Group Q1 valuation up, warns of cost inflation headwinds

8th Apr 2022 07:43

(Sharecast News) - UK student accommodation group Unite on Friday reported a rise in first- quarter portfolio valuation, but warned of cost inflation and supply chain headwinds to its medium-term development pipeline.

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Unite Group disposes of 11 properties for £306.0m

8th Mar 2022 07:05

(Sharecast News) - Student accommodation provider Unite Group has disposed of a portfolio of 11 properties to an affiliate of Lone Star Funds for £306.0m.

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Unite Group returns to FY profit in 2021

23rd Feb 2022 07:40

(Sharecast News) - Student accommodation provider Unite Group said on Wednesday that it had swung to a full-year profit in 2021 and issued some positive guidance for the 2022-23 academic year.

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Unite acquires 270 bed site in Nottingham

24th Jan 2022 07:47

(Sharecast News) - Student accommodation developer Unite said it had bought a 270-bed development site in Nottingham's city centre.

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