Unite Group PLC (The) Capital Markets Day (4400P)
19 Octubre 2021 - 01:00AM
UK Regulatory
TIDMUTG
RNS Number : 4400P
Unite Group PLC (The)
19 October 2021
PRESS RELEASE
19 October 2021
THE UNITE GROUP PLC
('Unite Students', 'Unite', the 'Group', or the ' Company ')
CAPITAL MARKETS DAY
Unite Students, the UK's leading owner, manager and developer of
student accommodation, is today hosting a Capital Markets Day in
Manchester. There will be no new disclosures on current trading
with the Group's overall performance consistent with guidance
provided in the trading update on 8 October. The event will set out
the Group's strategy to enhance its operating platform and invest
in its portfolio to deliver on its purpose of providing a 'Home for
Success' for students and provide attractive returns to
shareholders.
The event will focus on the following areas:
-- Enhancing the student experience
-- Investing in the portfolio to drive rental growth
-- Improving our environmental and social impact
-- Delivering attractive financial returns
Richard Smith, Chief Executive of Unite Students, commented
:
"Having shown real resilience during the pandemic, the business
is now positioned for growth. Our best-in-class operating platform
provides us with strong foundations to adapt to evolving student
needs and deliver an enhanced customer experience. There are also
significant opportunities to invest in our well-located and
affordable estate to drive rental growth and improve the
environmental performance of our buildings.
There is a strong outlook for student demand over the next
decade driven by demographic growth, rising participation rates and
increasing demand from international students, supporting future
rental growth. We also see significant opportunities to commit
capital through our development pipeline and university
partnerships. This underpins our confidence in delivering
attractive total returns and sustainable earnings growth for
shareholders. "
A live webcast of the event will be available from 10:15 a.m.
BST, which can be accessed via the following link:
https://webcasting.brrmedia.co.uk/broadcast/61436c5a7d0383367bb1207d
Copies of the presentation and webcast will be available on the
Company's corporate website following the event.
ENDS
For further information, please contact:
Unite Students
Joe Lister / Michael Burt Tel: +44 117 302 7005
Unite press office Tel: +44 117 450 6300
Powerscourt
Justin Griffiths / Victoria Heslop Tel: +44 20 7250 1446
About Unite Students
Unite Students is the UK's largest owner, manager and developer
of purpose-built student accommodation, serving the country's
world-leading Higher Education sector. We provide homes to 73,000
students across 173 properties in 25 leading University towns and
cities. We currently partner with over 60 Universities across the
UK.
Our people are driven by a common purpose: to provide a 'Home
for Success' for the students who live with us. Unite's
accommodation is safe and secure, high quality and affordable.
Students live predominantly in ensuite study bedrooms, with rents
covering all bills, insurance, 24-hour security and high-speed
Wi-Fi. We also achieved a five-star British Safety Council rating
in our last audit.
Founded in 1991 in Bristol, Unite Group is an award-winning Real
Estate Investment Trust (REIT), listed on the London Stock Exchange
and a member of the FTSE 250 Index. Unite is invested in and
operates two specialist funds and joint ventures with institutional
investment partners: the GBP3 billion Unite UK Student
Accommodation Fund (USAF) and the GBP1 billion London Student
Accommodation Vehicle (LSAV).
For more information, visit:
Unite's corporate website www.unite-group.co.uk
The student site www.unitestudents.com
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END
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