Unite sells 60% of property portfolio for next academic year
12th Jan 2022 07:26
(Sharecast News) - Student property firm Unite Group said on Tuesday that it had already sold 60% of its entire property portfolio for the next academic year, up from 58% at the same time last year.
Read moreWatchdog to probe Scape's £1bn takeover of GCP Student Living
19th Oct 2021 08:51
(Sharecast News) - The Competition and Markets Authority is to investigate the takeover of GCP Student Living by rival Scape Living.
Read moreUnite Students lettings running 'slightly below' expectations
8th Oct 2021 08:01
(Sharecast News) - Student accommodation specialist Unite Students updated the market on Friday, reporting that in the final stages of the lettings cycle for the 2021-2022 academic year, 94% of bed spaces were now let across its total portfolio, up from 88% last year and compared to 98% two years ago, pre-pandemic.
Read moreUnite agrees £450m RCF linked to sustainable goals
9th Sep 2021 08:01
(Sharecast News) - UK student accommodation owner Unite said it had agreed a £450m sustainability-linked unsecured revolving credit facility (RCF) from HSBC, NatWest and Royal Bank of Canada.
Read moreUnite agrees £450m RCF linked to sustainable goals
9th Sep 2021 08:01
(Sharecast News) - UK student accommodation owner Unite said it had agreed a £450m sustainability-linked unsecured revolving credit facility (RCF) from HSBC, NatWest and Royal Bank of Canada.
Read moreUnite Group swings back to profit in first half
27th Jul 2021 09:39
(Sharecast News) - Student accommodation company Unite Group reported an 18% improvement in EPRA earnings in its first half on Tuesday, to £88.3m, as EPRA earnings per share improved 8% to 22.2p.
Read moreUnite sells two properties to joint venture for £342m
18th Jun 2021 07:22
(Sharecast News) - Student accommodation provider Unite said it had sold two London properties to its London Student Accommodation joint venture with GIC for £342m.
Read moreUnite extends JV with Singapore's GIC by 10 years
4th May 2021 10:27
(Sharecast News) - Student accommodation provider Unite Group said on Tuesday that it has extended its joint venture with Singapore sovereign wealth fund GIC by 10 years to September 2032.
Read moreUnite Group portfolio valuation increases in Q1
12th Apr 2021 09:02
(Sharecast News) - Student accommodation manager Unite Group said on Monday that the value of its portfolio of 29,627 beds in 76 properties across 20 University towns and cities in the UK had increased 0.5% on a like-for-like basis during the three months ended 31 March.
Read moreUnite Students sells 8 properties for £133m
30th Mar 2021 07:55
(Sharecast News) - Accommodation provider Unite Students said it had sold eight properties to Aventicum Real Estate for £133m.
Read moreWednesday broker round-up
24th Mar 2021 13:29
(Sharecast News) - WH Smith: JP Morgan downgrades to neutral with a target price of 1,793p.
Read moreBerenberg upgrades Unite to 'buy', cites increased visibility
24th Mar 2021 10:19
(Sharecast News) - Analysts at Berenberg upgraded student accommodation provider Unite Group from 'hold' to 'buy' on Wednesday, stating increased visibility had provided the stock with re-rating potential.
Read moreUnite gets planning permission for Nottingham development
22nd Mar 2021 07:36
(Sharecast News) - Student housing developer and operator Unite Group has received resolution to grant planning permission for its 700-bed student accommodation development at Derby Road in Nottingham, it announced on Monday.
Read moreUnite Group reinstates dividend as outlook improves
16th Mar 2021 07:38
(Sharecast News) - Unite Group reported EPRA earnings of £97.3m in its final results for 2020 on Tuesday, down 12% year-on-year, while EPRA earnings per share fell 35% to 25.5p, in line with the board's expectations.
Read moreUnite Group extends rent discount again
5th Mar 2021 07:53
(Sharecast News) - Student accommodation provider Unite Group announced on Friday that it was extending its 50% rent discount by an additional three weeks as it said that its discount and tenancy extension will impact rental income less than expected.
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