Reading Time: 2 minutesUK: PGIM Real Estate has acquired six PBSA assets from Unite Group for £184 million.
Reading Time: < 1 minuteUK: Legal & General Investment Management (LGIM) has provided a £150 million senior loan to PBSA operator and developer Unite, secured against 10 assets across the UK.
Reading Time: 2 minutesUK: Student accommodation specialist Unite Group has reported record earnings in its results for the year to 31 December 2023.
Reading Time: 2 minutesUK: Newcastle University and the University of Sussex have partnered with Unite and Balfour Beatty respectively to deliver nearly 4,000 new student beds.
Reading Time: 2 minutesUK: Richard Smith, CEO of student housing provider Unite, is stepping down after seven years in the role, and will be replaced by Joe Lister, who has been CFO since 2008.
Reading Time: < 1 minuteUK: Student accommodation manager and developer Unite is acquiring an 800-bed development scheme in central Glasgow, increasing its portfolio in the city to 3,000 beds.
Reading Time: 2 minutesUK: LGIM’s dedicated UK and European Real Estate Debt division has completed a £400 million loan for Unite to refinance a public bond for its flagship Unite UK Student Accommodation Fund (USAF), which matured in 2023.
Reading Time: < 1 minuteUK: Student housing provider Unite has raised £300 million for two new developments as its CEO warned of a worsening shortage of student accommodation.
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