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Unite Group Plc(UTGPF)

Description: Unite Students is the UK's largest owner, manager and developer of purpose-built student accommodation serving the country's world-leading higher education sector. Following our successful £1.4bn acquisition of Liberty Living's UK assets in November 2019, we now provide homes to c. 75,000 students across 175 properties in 27 leading university towns and cities. Our people are driven by a common purpose: to provide the students who live with us a 'Home for Success' and to be the most trusted brand in the sector. We do this through quality service, quality people and quality properties, all designed on the basis of an excellent insight into students' needs and preferences. Unite's accommodation is high quality, safe and secure, and located where students want to live. Students live predominantly in en-suite study bedrooms with rents covering all bills, insurance, 24-hour security and high-speed Wi-Fi. MyUnite, our mobile app, provides practical support such as instant messaging and maintenance requests. Our commitment to customer service is powered by an innovative, in-house operating platform. It provides a wide range of benefits to our students, such as an optimised online booking process, as well as providing us with a unique ability to drive value from our portfolio through scale efficiencies and revenue management. Alongside delivering quality service, our other strategic priority is delivering growing and sustainable earnings, underpinned by a strong capital structure. A key part of this strategy is growing the number of beds let through partnerships with mid and high tariff universities which are experiencing record levels of student demand. We currently partner with some 50 universities across the UK, guaranteeing that approximately 60% of our rooms are let under 'nomination agreements' providing high visibility of forward occupancy and rental growth. Unite is invested in and operates two specialist funds and joint ventures with institutional investment partners: the £3 billion Unite UK Student Accommodatio


Keywords: Wi Fi Instant Messaging Capital Structure Bedroom Revenue Management Online Booking Venue Management Optimised Online Booking Process Student Housing

Home Page: www.unite-group.co.uk

South Quay House
Bristol, BS1 6FL
United Kingdom
Phone: 44 11 7302 7000


Officers

Name Title
Mr. Richard S. Smith CEO & Director
Mr. Joseph J. Lister CFO & Director
Mr. Michael James Burt Group Investment & ESG Director
Ms. Caroline Hall PA to CFO & Corp. Devel. Director
Mr. Christopher Robert Szpojnarowicz Company Sec., Head of Legal & Group Legal Director
Ms. Ellen Clark Group Communications Director
Ms. Helene Murphy Group People Director
Mr. Mark Peter Creedy Managing Director of Fund Management
Mr. Karan Khanna Chief Customer Officer
Paul Sweeney Chief Strategy Officer

Exchange: PINK

Country: US

Currency: US Dollar ($)

Forward PE: 17.8253
Trailing PE: 6.8256
Price-to-Book MRQ: 0.8629
Price-to-Sales TTM: 16.1979
IPO Date:
Fiscal Year End: December
Full Time Employees: 1834
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