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UNITE Group plc

UTG.L: Share Price & Live Data

1 GBP
+2.00 (0.15%)
Price open 1,322.00
Previous close 1,336.00
Market cap 4.88B
Volume 113.80K
Day high 1,343.00
Day low 1,322.00
Year high 1,343.00
Year low 880.00

About UNITE Group plc

Unite Group was established in 1991 to plug the demand for accommodation by University students around Bristol. Nicholas Porter, the founder of the company, succeeded in incorporating Unite Group in 1996, followed by an IPO in 2000 to float its shares on the London Stock Exchange. Further expansion of business saw the company establish new properties in London, Portsmouth, Liverpool, and Manchester. Soon after listing on LSE in 2000, the company embarked on a mission to establish businesses across the whole of the United Kingdom.

Primarily, the Unite Group develops and operates properties meant for student accommodation. The company has two segments through which it handles its businesses. The Operations segment manages all the properties under the company’s ownership. On the other hand, the Property segment takes care of property development. The company rents out properties to universities, which sublet to students, and directly to the students themselves. Unite Group has its headquarters in Bristol, UK.

Latest UNITE Group plc News

Unite share price: Shares Rise On Strong Occupancy, Earnings Optimism

Shares in Unite Group PLC were among the best performers in the FTSE 250 on Tuesday morning after it said it is performing well across all parts of its business, with strong lettings for the new academic year, and expects to meet its earnings per share target on its net asset value a year early

Unite share price: Company Performing Well Across Units, Set To Meet Earnings Target Early

Unite Group PLC on Tuesday said it is performing well across all parts of its business, with a strong lettings performance for the new academic year, and said it expects to meet its earnings per share target on its net asset value early

Unite share price: Group Acquires New Sites In Aberdeen, Liverpool To Boost Assets

Unite Group PLC (LON:UTG) Friday said it has acquired two developments sites in Aberdeen and Liverpool

Overview

Name
UNITE Group plc
Exchange
London Stock Exchange
Sector
Real Estate
Industry
REIT—Diversified
Country
United Kingdom
Full time employees
1,471

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