UNITE Group PLC

LSE:UTG (UK)   Ordinary Shares
£ 9.80 (+0.87%) May 8
24.48
P/B:
1.04
Market Cap:
£ 4.27B ($ 5.34B)
Enterprise V:
£ 5.40B ($ 6.75B)
Volume:
498.87K
Avg Vol (2M):
1.14M
Also Trade In:

Business Description

Description
UNITE Group PLC develops and operates student housing. The company rents rooms both directly to students and through partnerships with various universities. Properties often have communal kitchens and other common rooms. Rental income typically provides a portion of the company's revenue. The company also generates revenue from management and development fees and property sales.