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Unite Group Completes Empiric Acquisition to Expand Student Housing Platform

Story Highlights
  • Unite Group has completed its purchase of Empiric, adding 7,700 beds and expanding its reach in the returning-student market.
  • Empiric’s slightly weaker-than-assumed occupancy will soften near-term income, but Unite targets higher lettings and at least £13.7m in annual synergies.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Unite Group Completes Empiric Acquisition to Expand Student Housing Platform

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Unite Group plc ( (GB:UTG) ) just unveiled an update.

Unite Group has completed its acquisition of Empiric Student Property, bringing a high-quality 7,700-bed portfolio and the Hello Student brand into the group, significantly expanding Unite’s presence in the returning-student segment and broadening its addressable market beyond the roughly 35,000 first-year students it already houses. While Empiric’s 89% occupancy for the 2025/26 academic year is slightly below the conservative assumptions Unite used in valuing the deal and will weigh on income in the first half of 2026, Unite sees scope to lift occupancy over the next two years by leveraging its operational platform and university relationships, and remains confident of delivering at least £13.7 million in annual cost synergies, citing its successful integration of Liberty Living in 2019 as precedent.

The most recent analyst rating on (GB:UTG) stock is a Hold with a £615.00 price target. To see the full list of analyst forecasts on Unite Group plc stock, see the GB:UTG Stock Forecast page.

Spark’s Take on GB:UTG Stock

According to Spark, TipRanks’ AI Analyst, GB:UTG is a Outperform.

Unite Group plc’s overall stock score is driven by strong financial performance and positive corporate events, indicating confidence in its strategic direction. However, technical analysis suggests a bearish trend, which tempers the overall score. The attractive valuation with a low P/E ratio and high dividend yield provides a solid investment case, despite the current market momentum challenges.

To see Spark’s full report on GB:UTG stock, click here.

More about Unite Group plc

Unite Students, part of The Unite Group plc, is the UK’s largest owner, manager and developer of purpose-built student accommodation, providing homes to around 71,000 students across 208 properties in 29 leading university towns and cities. The London-listed REIT partners with over 60 universities, offering predominantly en-suite, all-inclusive accommodation and is pursuing a sustainability strategy that targets net zero carbon across operations and developments by 2030.

Average Trading Volume: 2,286,054

Technical Sentiment Signal: Sell

Current Market Cap: £2.78B

For a thorough assessment of UTG stock, go to TipRanks’ Stock Analysis page.

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