Added to YB: 2026-07-15
Pitch date: 2026-07-13
UTG.L [bullish]
Unite Group PLC
Author Info
The Oak Bloke shares analysis of the UK stock market, particularly overlooked small caps. Sign up for the newsletter.
Company Info
Unite Group PLC 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 2.7B
Pitch Price
GBP 5.21
Price Target
N/A
Dividend
7.19%
EV/EBITDA
17.81
P/E
26.33
EV/Sales
10.33
Sector
Residential REITs
Category
value
Oak Bloke Bonkers Conkers 12th July - $UTG.L
UTG.L (added to position): UK student housing REIT trading ~50% discount to NAV. Trading update on track w/ guidance; direct lets +25% YoY, occupancy 94-96%. High bond yields (4.96%) hit valuation but widen moat as PBSA builds collapse, 10k beds/yr exit. Buybacks + non-core disposals at NAV. Added at £4.82.
Read full article (2 min)