Unite Students Sells Nine Properties for £212 Million to Focus on Strategic Markets

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

Unite Students has announced the sale of nine properties, totaling 3,656 beds, for £212 million to Lone Star Funds, as part of its strategy to focus on high and mid-ranked universities and sustainable rental growth. The transaction, expected to complete in August 2025, will allow the company to reinvest in strong markets and satisfy redemption requests, while maintaining its earnings guidance for the year.

The most recent analyst rating on (GB:UTG) stock is a Buy with a £9.75 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 scores highly due to strong financial performance, strategic corporate events, and an attractive valuation. The company’s solid revenue growth and profitability, combined with positive market sentiment and strategic partnerships, suggest robust future prospects. However, a potential risk includes the negative free cash flow, which could pose liquidity challenges if not managed effectively.

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

More about Unite Group plc

Unite Students is the UK’s largest owner, manager, and developer of purpose-built student accommodation (PBSA). With over 150 properties in 23 university towns and cities, it serves around 70,000 students, offering en-suite study bedrooms with comprehensive services. Founded in 1991, it is a Real Estate Investment Trust (REIT) listed on the London Stock Exchange, committed to enhancing standards in the student accommodation sector.

Average Trading Volume: 1,085,844

Technical Sentiment Signal: Buy

Current Market Cap: £4.21B

Learn more about UTG stock on TipRanks’ Stock Analysis page.