OverviewSuggest Edit

Unite Students is the UK’s leading manager and developer of student accommodation. We provide a home for over 46,000 students in 132 purpose built properties across 28 of the UK’s strongest university towns and cities. We have over 1,000 employees and work in partnership with more than 60 higher education providers, as well as renting rooms directly to students. Our culturally-diverse customers are at the heart of our business and we aim to provide a home for students which supports their success, whether defined as academic achievement, personal growth or employability. Our properties provide high quality, well-located, safe accommodation that is close to University campuses, transport and local amenities. Our rent includes a study bedroom, all bills, insurance, 24-hour security, fortnightly kitchen cleans and high speed Wi-Fi throughout our buildings. Founded in 1991, The Unite Group plc is a FTSE 250 company listed on the London Stock Exchange. We are pursuing a sustainable growth strategy designed to make the most of the resilient nature of the student accommodation sector. We aim to maintain the strongest brand in the sector and operate the highest quality portfolio through consistent investment in and improvement to our operating platform, highly selective development activity, asset management initiatives and portfolio recycling. In addition to our wholly owned properties, we are also invested in and operate a small number of specialist funds and joint ventures with institutional investment partners, the largest of which is the £1.5 billion Unite UK Student Accommodation Fund (USAF). The Group’s charitable trust, the Unite Foundation provides free student accommodation and a generous annual scholarship to around 125 young people in the UK who aspire to a degree but face the most challenging circumstances. Our corporate website www.unite-group.co.uk, our student site www.unite-students.com & the Unite Foundation www.unitefoundation.co.uk
TypePublic
Founded1991
HQBristol, GB
Websiteunite-group.co.uk
Employee Ratings3

Latest Updates

Employees (est.) (Jun 2017)1,206(+11%)
Job Openings70
Revenue (FY, 2018)£128.3 M(+8%)
Share Price (Sept 2021)£11.6
Cybersecurity ratingBMore

Key People/Management at Unite Group

Richard Huntingford

Richard Huntingford

Chairman
Richard Smith

Richard Smith

CEO
Joe Lister

Joe Lister

CFO
Elizabeth McMeikan

Elizabeth McMeikan

Senior Independent Director
Ross Paterson

Ross Paterson

Audit Committee Chair
Richard Akers

Richard Akers

Non-Executive Director
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Unite Group Office Locations

Unite Group has offices in Bristol and London
Bristol, GB (HQ)
10 Temple Back
London, GB
5, Swan House, 17-19 Stratford Pl, Marylebone
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Unite Group Financials and Metrics

Unite Group Revenue

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Unite Group's revenue was reported to be £128.3 m in FY, 2018 which is a 7.5% increase from the previous period.
GBP

Revenue (FY, 2018)

128.3m

Revenue growth (FY, 2017 - FY, 2018), %

7.5%

Gross profit (FY, 2018)

88.1m

Gross profit margin (FY, 2018), %

68.7%

Net income (FY, 2018)

237.3m

Market capitalization (15-Sept-2021)

4.9b

Closing stock price (15-Sept-2021)

11.6

Cash (31-Dec-2018)

123.6m
Unite Group's current market capitalization is £4.9 b.
GBPFY, 2016FY, 2017FY, 2018

Revenue

120.7m119.3m128.3m

Revenue growth, %

(42%)(1%)8%

Cost of goods sold

44.9m41.1m40.2m

Gross profit

75.8m78.2m88.1m
GBPFY, 1998FY, 1999FY, 2000FY, 2001FY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

3.1m1.9m4.3m6.0m10.3m25.0m37.6m30.3m55.1m56.3m111.8m48.8m23.8m16.8m75.4m43.2m41.4m27.0m42.7m51.2m123.6m

Accounts Receivable

586.0k472.0k1.2m3.6m2.1m4.1m13.3m33.1m13.6m14.9m20.6m18.7m12.0m6.7m7.8m2.2m1.9m2.3m17.8m19.4m22.8m

Inventories

3.4m1.7m5.7m4.4m1.6m2.8m13.4m13.4m23.0m104.6m334.6m8.2m2.7m8.4m1.7m3.2m3.9m3.6m2.9m4.5m9.1m

Current Assets

9.4m9.7m21.0m43.7m30.3m47.8m83.3m109.7m160.4m376.8m553.8m343.9m289.2m400.1m157.1m157.9m158.8m113.6m123.5m138.6m220.8m
GBPFY, 1998FY, 1999FY, 2000FY, 2001FY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

236.0k849.0k3.0m2.9m(25.6m)(10.8m)(3.8m)32.3m71.5m(37.5m)(116.3m)(34.4m)21.3m3.9m127.2m79.3m104.8m355.7m226.4m223.8m237.3m

Cash From Operating Activities

4.3m6.5m2.8m5.1m6.0m23.5m23.0m25.2m61.3m128.7m(158.8m)65.0m40.1m(74.0m)58.4m5.9m44.7m120.8m68.1m56.3m59.7m

Dividends Paid

100.0k266.0k908.0k1.8m2.7m2.7m2.8m2.8m3.1m3.1m3.1m800.0k3.6m7.5m10.7m31.9m34.2m44.4m62.5m

Cash From Financing Activities

12.4m25.1m69.0m106.7m223.1m192.8m148.9m(47.1m)(351.4m)30.5m4.8m(136.9m)(106.5m)70.7m15.1m(3.3m)30.6m33.6m(65.5m)43.2m161.2m
GBPFY, 1998

Debt/Equity

1.1 x

Debt/Assets

0.2 x

Financial Leverage

4.5 x
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Unite Group Cybersecurity Score

Cybersecurity ratingPremium dataset

B

89/100

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Unite Group Online and Social Media Presence

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Unite Group News and Updates

Unite Group sells two more student properties in London for £342m

Student accommodation developer Unite Group has sold two London properties for £342m, it announced this morning. Unite has sold the The post Unite Group sells two more student properties in London for £342m appeared first on CityAM.

City Moves for 14 January - Who's switching jobs at Commify, Unite Group and Rede Partners?

Today’s City Moves includes Commify, Unite Group and Rede Partners Commify Business communications firm Commify has announced the appointment of [...] The post City Moves for 14 January - Who's switching jobs at Commify, Unite Group and Rede Partners? appeared first on CityAM.

Unite Group acquires student accommodation competitor to accelerate growth

Unite Group plc has completed the acquisition of Liberty Living Group plc from Liberty Living Holdings Inc. Richard Smith, Unite’s chief executive officer, said: “I am delighted that we have completed the transformational acquisition of Liberty Living, reinforcing our position as a leading provider …

CPPIB to sell Liberty Living to Unite Group for C$1.3 bln

Canada Pension Plan Investment Board said July 3 that it plans to sell Liberty Living to The Unite Group plc for C$1.3 billion ($992.3 million) before closing adjustments. CPPIB will retain a 20 percent stake in the combined group. Liberty Living provides student accommodations in the U.K.

Unite Group Frequently Asked Questions

  • When was Unite Group founded?

    Unite Group was founded in 1991.

  • Who are Unite Group key executives?

    Unite Group's key executives are Richard Huntingford, Richard Smith and Joe Lister.

  • How many employees does Unite Group have?

    Unite Group has 1,206 employees.

  • What is Unite Group revenue?

    Latest Unite Group annual revenue is £128.3 m.

  • What is Unite Group revenue per employee?

    Latest Unite Group revenue per employee is £106.4 k.

  • Who are Unite Group competitors?

    Competitors of Unite Group include Marcus Corporation, The Trump Organization and Ennismore.

  • Where is Unite Group headquarters?

    Unite Group headquarters is located at 10 Temple Back, Bristol.

  • Where are Unite Group offices?

    Unite Group has offices in Bristol and London.

  • How many offices does Unite Group have?

    Unite Group has 2 offices.