Analyst and Investor Site Tour

RNS Number : 9924N

Unite Group PLC

05 October 2012

 



Press Release 5 October 2012

THE UNITE GROUP PLC

('UNITE', the 'Group', or the 'Company')

ANALYST AND INVESTOR SITE TOUR

The UNITE Group plc, the UK's largest developer and manager of student accommodation, is today hosting a site tour for analysts and investors in London. The visit will include a tour of its recently completed assets, Moonraker Point in SE1 and North Lodge in Tottenham, N17, and its development site in Stratford. The Company will be giving a short presentation at each of the sites but no new material information will be disclosed.

The presentations will be available at 11:00 on UNITE's website:  www.unite-group.co.uk/investors 

ENDS

For further information, please contact:

The UNITE Group plc                                                                     Tel: [phone]

Mark Allan, Chief Executive

Joe Lister, Chief Financial Officer

Paul Harris, Strategy and Corporate Relations Director

FTI Consulting                                                                                 Tel: [phone]

Stephanie Highett

Dido Laurimore

Faye Walters  

About The UNITE Group

The UNITE Group is the UK's leading developer and manager of student accommodation, with a business model that focuses on two core areas:

1.         Development and Asset Management: UNITE undertakes the acquisition, planning and development of purpose-built student accommodation in the UK. Through the continuous assessment of quality and location of its investment portfolio, UNITE is well positioned to deliver value-adding strategies to those assets where further opportunities are identified. Working on behalf of its partners, UNITE acts as Fund Manager for the UNITE UK Student Accommodation Fund in which it owns a 16.3% share. UNITE also manages a number of Joint Venture partnerships.

2.         Professional property management: UNITE is home to 42,000 students in over 130 properties across 23 of the UK's strongest university cities, and has consistently proven high occupancy levels across its portfolio.

The Group works closely with higher education institutions in order to deliver high quality, well-located student accommodation at affordable prices in strong higher education markets. In 2012 UNITE won the South West Business in the Community Carbon Reduction Award for its environmental initiatives and the Global Real Estate Sustainability Benchmark (GRESB) named UNITE as a regional sector leader for sustainability.

Founded in 1991, UNITE is a FTSE 250 company listed on the London Stock Exchange (UTG). For more information, please visit www.unite-group.co.ukor www.unite-students.com.  

 

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