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Unite Group

  • Unite Group reports record demand for beds as student housing crisis grows

    January 9, 2024

    Unite also said it's confident in pushing through rental growth of five per cent across its portfolio in the year.

  • Student accommodation group Unite sell 99 per cent of beds and makes £71m Stratford acquisition

    October 10, 2022

     Student accommodation group Unite has sold 99 per cent of beds for the academic year, as it makes a major acquisition in Stratford for £71m. The company reported an increase in the number of beds bought up from 94 per cent in 2021/22 to almost 100 per cent this year, as university returns to being [...]

  • Civil war: FCA staff pushing for union involvement after pay cut row with CEO Nikhil Rathi

    October 12, 2021

    The Financial Conduct Authority may soon be a unionised workplace, if trade union activists get their way. A formal petition has been launched by Unite the union to gauge interest after what the union said was a significant increase in staff at the regulator joining the union. Staff are said to be unhappy with chief [...]

  • Unite Group sells two more student properties in London for £342m

    June 18, 2021

    Student accommodation developer Unite Group has sold two London properties for £342m, it announced this morning. Unite has sold the blocks with 1,358 beds in Wembley and Whitechapel to its London student accommodation joint venture (LSAV) with Singapore wealth fund GIC, in an effort to pay down debt. The company said that most of the [...]

  • How McCarthy & Stone’s new boss plans to turn around the fortunes of Britain’s largest retirement housebuilder

    January 7, 2019

    As the boss of a FTSE 250 housebuilder which has just passed through a year to forget, John Tonkiss is surprisingly upbeat. For the new chief executive of McCarthy & Stone is a man with a plan, and he thinks it will turn around the fortunes of Britain’s biggest provider of retirement homes. It concerns [...]

  • End of university student cap helps Unite fill more rooms

    February 23, 2015

    Britain’s largest student digs provider Unite saw profits jump by 44 per cent last year after government measures to remove the cap on the number of students universities can admit helped boost room reservations. The FTSE 250-listed company, which has 43,000 beds across the UK, said net asset value per share rose 13.6 per cent [...]

  • Lure of London helps Unite Group reach 99pc student occupancy

    November 4, 2014

    Student accommodation giant Unite Group, yesterday reported 99 per cent occupancy for the current academic year, with students paying rents three per cent up on last year. In its latest stock market update, the firm said its outlook for business this year was “strong”, supported by further increases in UK student numbers and government policy. [...]

  • End of student cap helps fill up rooms at Unite as universities prepare for surge

    August 28, 2014

    Government measures to remove the cap on the number of students universities can admit has helped boost room reservations and lift rental growth at student digs provider Unite. A record 500,000 students are expected to start university next month after changes announced in last year’s Aut­umn Statement meant universities were able to admit an extra [...]

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