UK's largest provider of purpose-built student accommodation, developing and operating housing near university campuses.
UK's largest provider of purpose-built student accommodation, developing and operating housing near university campuses.
Rooms are mostly let on tenancies for the academic year, often booked well before term starts, so income depends on rooms let and the rate for that year; some are reserved through nominations agreements with universities. As a UK real estate investment trust it passes much of its rental income on as dividends.
In one line: A UK American Campus Communities peer.
Moat: narrow (scale, installed base, brand). Largest UK PBSA portfolio and university partnerships give scale in a supply-constrained market.
Headquarters: Bristol, UK · Founded: 1991 · Employees: 1,997
Size UNITE (UTG.L) is a United Kingdom Real Estate company (Real Estate Development) with a market value of $3.41B, the 121st largest of 363 United Kingdom companies the cockpit tracks. Shares closed at £493.40 on 6 Nov 2026.
Performance Over six months the shares gained 5.2%, against -7.1% for the median peer and +3.6% for the United Kingdom market (cap-weighted) — 5th highest of 21 in its peer set.
Growth Revenue grew 12.0% over the last twelve months (peer median +3.5%); the operating margin is 46.1% (peer median 20.2%).
Valuation It trades at 11.9× forward earnings against a peer median of 19.5× (5th cheapest of 16).
Next results Next results expected around 2 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | £360M | £333M | £299M | £276M | £259M |
| Revenue growth | — | +11% | +8% | +6% | — |
| Gross profit | £245M | £229M | £207M | £193M | £181M |
| EBITDA | £174M | £165M | £174M | £147M | £230M |
| Net income | -£506M | £97.6M | £442M | £102M | £350M |
| Free cash flow | -£178M | -£92.1M | £223M | £142M | £148M |
| Capital expenditure | £350M | £255M | £7.60M | £2.70M | £3.60M |
| Total debt | n/a | £1.33B | £1.35B | £1.17B | £1.36B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | UTG.L | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +17.5% | +3.8% | 3rd highest of 21 |
| 6-month return | +5.2% | -7.1% | 5th highest of 21 |
| Distance from 52-week high | -17.6% | -22.7% | 6th highest of 21 |
| Revenue growth (TTM) | +12.0% | +3.5% | 7th highest of 21 |
| Operating margin | 46.1% | 20.2% | 4th highest of 21 |
| Forward P/E | 11.9× | 19.5× | 5th cheapest of 16 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| UNITE UTG.L | United Kingdom | $3.41B | +5% | +12% | 46% | 11.9× | n/a | n/a |
| Pandox PNDX-B.ST | Sweden | $3.43B | -1% | +15% | 58% | 14.6× | n/a | n/a |
| Kerry Properties 0683.HK | Hong Kong | $3.47B | -26% | -22% | 24% | 14.2× | n/a | n/a |
| Hilton Grand Vacations HGV | United States | $3.33B | -10% | +19% | 17% | 9.4× | n/a | n/a |
| China World Trade Center 600007.SS | China | $3.31B | +4% | -4% | 42% | 18.6× | n/a | n/a |
| Cushman & Wakefield CWK | United States | $3.28B | -2% | +10% | 4% | 8.8× | n/a | n/a |
| Quzhou Xin'an Development 600208.SS | China | $3.25B | -43% | -4% | -17% | 52.0× | n/a | n/a |
| Corporacion Inmobiliaria Vesta S.A.B. de C.V. Sponsored ADR VTMX | United States | $3.62B | +6% | +18% | 76% | 19.5× | n/a | n/a |
| Mobimo MOBN.SW | Switzerland | $3.17B | -1% | +15% | 42% | 26.9× | n/a | n/a |
| Singapore Land U06.SI | Singapore | $3.08B | -25% | +4% | 36% | n/a | n/a | n/a |
| Xiangcai 600095.SS | China | $3.07B | -19% | -3% | 12% | 26.5× | n/a | n/a |
| Allreal ALLN.SW | Switzerland | $3.89B | -8% | +3% | 41% | 24.0× | n/a | n/a |
| St. Joe JOE | United States | $3.96B | +6% | +11% | 32% | n/a | n/a | n/a |
| Millrose Properties MRP | United States | $4.00B | -4% | +93% | 85% | 7.9× | n/a | n/a |
| Longfor 0960.HK | Hong Kong | $4.05B | -47% | -42% | 1% | n/a | n/a | n/a |
| Onewo 2602.HK | Hong Kong | $2.84B | +6% | +8% | 3% | 20.6× | n/a | n/a |
| C&D International Investment 1908.HK | Hong Kong | $4.11B | -15% | -15% | 7% | 8.2× | n/a | n/a |
| Frasers Property TQ5.SI | Singapore | $2.80B | -20% | -21% | 29% | 26.8× | n/a | n/a |
| Shanghai Vital Deeptech 600641.SS | China | $4.20B | +14% | +94% | -27% | n/a | n/a | n/a |
| Seazen 601155.SS | China | $4.23B | -15% | -39% | 14% | 31.9× | n/a | n/a |
| Shenzhen Special Economic Zone Real Estate and Properties (Group) 000029.SZ | China | $2.73B | -6% | -24% | 14% | n/a | n/a | n/a |