Notice of Results

RNS Number : 8917K

Unite Group PLC

22 July 2011

 



22 July 2011

THE UNITE GROUP PLC

Notice of Results

The UNITE Group plc, the UK's leading developer and manager of student accommodation, will announce its half year results for the period ended 30 June 2011 on Wednesday 24 August 2011.

For further information, please contact:

The UNITE Group plc Paul Harris Sally Quigg	Tel: [phone]
Financial Dynamics Stephanie Highett Dido Laurimore Laurence Jones	Tel: [phone]

About The UNITE Group

The UNITE Group is the UK's leading developer and manager of student accommodation, with an investment portfolio valued at £884m (as at December 2010). As well as managing its directly owned portfolio, UNITE acts as co-investing manager of four specialist student accommodation funds / joint ventures, including the UNITE UK Student Accommodation Fund (USAF), which has a £1.23bn portfolio, in which UNITE holds a 16% stake.

Supported by strong market fundamentals, UNITE aims to create value for shareholders through targeted development activity, delivering capital growth and increasing income through recurring profits.

Employing nearly 1,000 people in the UK, UNITE provides c. 40,000 beds to students in 120 properties across 24 cities around the country.

UNITE works closely with higher education institutions, in order to deliver high quality, well-located student accommodation in the UK's strongest markets.

Founded in 1991, UNITE is listed on the London Stock Exchange (UTG) and is a FTSE 250 company.

 

END

 

 

NORDKBDPFBKKCOB