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 [...]