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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 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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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. [...]
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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