About The UNITE Group plc The UNITE Group is the UK’s leading developer and manager of student accommodation, with a business model that focuses on three core areas; - Development: UNITE undertakes the acquisition, planning and development of purpose-built student accommodation in the UK.
- Professional property management: UNITE is currently home to some 38,300 students in 24 towns and cities, with 99% occupancy across its portfolio. All properties are professionally managed by UNITE.
- Co-investing asset management: Working on behalf of its partners, UNITE acts as Fund Manager for the UNITE UK Student Accommodation Fund in addition to being a significant shareholder. UNITE also heads up a number of joint venture partnerships.
UNITE works closely with universities and colleges to deliver high quality, well-located student accommodation at affordable prices in strong higher education markets. Founded in 1991, UNITE is listed on the London Stock Exchange (UTG). | UNITE UK Student Accommodation Fund (“USAF” / the “Fund”) UNITE Group established the UNITE UK Student Accommodation Fund at the end of 2006. The Fund was launched with the following principal objectives: - to release capital for UNITE that is tied up in mature, stabilised investment assets for investment into higher added value development activity;
- to diversify UNITE’s sources of income by providing a new revenue stream arising from management fees from the Fund; and
- to provide financial returns to investors in the Fund.
The Fund helped transform UNITE’s business model to that of a developer of new purpose-built student accommodation and manager of funds which own student accommodation properties operated by UNITE and in which the Company has a significant minority stake. See our websites: Investors and corporate: www.unite-group.co.uk Students: www.unite-students.com |