The Unite Group Plc (Unite) is a developer and operator of student accommodation. The company acquires and develops student accommodation sites. Its services include maintenance services, 24/7 security services, laundry services, and online booking services. The company carries out services in the areas of accommodation and tailored services for the students. Unite works in partnership with higher education institutions across the UK and also offers rental rooms to the students. The company also manages rental properties that are owned directly by the group or through joint ventures. Unite is headquartered in London, England, the UK.
Headquarters
United Kingdom
Address
5th Floor, Swan House, 17-19 Stratford Place, London, England, W1C1BQ
Website
www.unitegroup.com
Telephone
44 117 3027000
No of Employees
1,775
Industry
Construction
Ticker Symbol & Exchange
UTG (LON)
Revenue (2022)
$319.6M
-2.8%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
3.7%
(2022 vs 2021)
Market Cap*
$5.0B
Net Profit Margin (2022)
XYZ
6.8%
(2022 vs 2021)
* As of and is in US$
The Unite Group Plc premium industry data and analytics
Products and Services
| Services |
|---|
| Student Accommodation Facilities Services |
| Acquisition and Development of Student Accommodation Sites |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Plans/Strategy | In September, the company announced its plans to invest GBP95 million in new Glasgow student accommodation. |
| 2023 | Financing Agreements | In July, the company announced a capital raise of GBP300 million. |
| 2023 | New Products/Services | In June, the company launched its new Parpaillon hydroelectric power station in the Alpes-de-Haute-Provence. |
Competitor Comparison
| Key Parameters | The Unite Group Plc | Mitie Group Plc | Kier Group Plc | Vita Student Management Ltd | CRM Students |
|---|---|---|---|---|---|
| Headquarters | United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom |
| City | London | London | Salford Quays | Alderley Edge | - |
| State/Province | England | England | Scotland | England | Oxfordshire |
| No. of Employees | 1,775 | 64,000 | 9,964 | 246 | - |
| Entity Type | Public | Public | Public | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Richard Huntingford | Chairman | Executive Board | 2021 | 67 |
| Richard Smith | Chief Executive Officer; Director | Executive Board | 2016 | 49 |
| Joseph Julian Lister | Chief Financial Officer; Director | Executive Board | 2008 | 52 |
| Paul Sweeney | Chief Strategy Officer | Senior Management | - | - |
| Karan Khanna | Chief Customer Officer | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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