Added to YB: 2026-01-15
Pitch date: 2026-01-13
UTG.L [neutral]
Unite Group PLC
+0.09%
current return
Author Info
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Company Info
Unite Students is the UK's largest owner, manager and developer of purpose-built student accommodation (PBSA) serving the country's world-leading higher education sector.
Market Cap
GBP 2.8B
Pitch Price
GBP 5.68
Price Target
N/A
Dividend
6.66%
EV/EBITDA
18.69
P/E
7.95
EV/Sales
11.37
Sector
Residential REITs
Category
value
Unite Group (UTG UK): steady leasing, disciplined capital allocation, and buybacks underline confidence
UTG.L (update): Student housing operator with 2/3 of 2026/27 rooms pre-let, mid-90s occupancy expected. £100M buyback funded by shelving marginal developments that don't meet return thresholds. Portfolio yields stabilizing mid-single digits, rental growth positive. Quality business in undersupplied market with disciplined capital allocation.
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