Our History

Our History

 

1991
  • Group founded

1992-3

  • Government Business expansion scheme developments undertaken
1994-5
  • Completion of first on balance sheet developments for a university
1998
  • Peabody UNITE plc established in joint venture with Peabody Trust
1999
  • Admission to AIM
2000
  • Full Listing on London Stock Exchange
2001
  • Acquisition of UniLodge
2002
  • Full control of London joint venture (Peabody UNITE)
2003
  • Asset securitisation (£275 million)
  • 17 new properties opened in September
  • 1000th modular student bedroom rolled off production line
2004
  • First joint venture for 1,168 bed Student Village in Sheffield secured with Lehman Brothers
  • 15 new properties opened in September
  • UNITE Group joins Institute of customer services
  • UNITE Group sets up bursaries for student charity UNIAID
2005
  • £350 million Joint Venture with GIC Capital initiated
  • 10 further properties opening, including the largest student accommodation scheme undertaken to date using modular construction. Partnership with BT, rolling out Broadband facilities across
  • UNITE Group’s estate Forms second joint venture with Lehman Brothers for a 968-bed student village in Leeds

 

2006
  • Formation of the UNITE UK Student Accommodation Fund, Europe’s largest unlisted specialist student accommodation investment vehicle
  • UNITE Group was awarded the Service Excellence Award by Management Today / UNISYS service excellence awards
  • UNITE Group was included in the Guardian's Top Employers publication as a best example of HR best practice
2007
  • UNITE Group acquired a portfolio of five operational student accommodation properties from Base Ltd in Liverpool, Leicester and Sheffield for a total cash consideration of £76.4 million.
  • Second oversubscribed closing of the UNITE UK Student Accommodation Fund;
  • The successful launch of our market leading online accommodation management and booking platform
2008
  • Planned asset sales of £54 million
  • Third capital raising announced for UNITE UK Student Accommodation Fund
  • Transition of business model to developer and co-investing asset manager
  • Reservations performance at highest ever

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