London Stock Exchange welcomes PBSA provider Unite Students

PBSA provider Unite Students is delighted to celebrate its 25th anniversary year as a listed company as it continues to grow.

London Stock Exchange welcomes PBSA provider Unite Students | PBSA News

Unite Students is delighted to celebrate its 25th anniversary year as a listed company. As the UK’s largest provider of purpose-built student accommodation (PBSA), it is one of the UK’s growth success stories over the last few decades, partnering with and supporting the UK’s leading universities.

Unite Students provides homes to around 70,000 students each year, covering 158 properties in 23 leading university cities. Headquartered in Bristol, the company has provided a home for over two million students over the last three decades, creating thousands of jobs across the UK.

Unite Students’ growth

Formed in 1991, Unite Students has grown substantially since then. It was listed on the Alternative Investment Market in 1999, moving to the main London Stock Exchange market in 2000. In June 2022, the company was promoted to the FTSE 100 and currently partners with over 60 universities across the UK.

Its current growth trajectory is underpinned by a record £1.3bn development pipeline, which is set to further increase the supply of student accommodation in key cities around the UK.

Unite Students also set up independent charity – Unite Foundation – in 2012, with scholarships awarded to over 700 young people since then. The charity supports estranged and care-experienced students with a rent-free home while at university.

Student demand

Unite Students’ high-quality properties are located near leading universities, where student demand is strongest. It operates as a responsible landlord bringing positive impact for both local residents and wider communities and is on track to be net zero carbon by 2030.

Unite Group, which now employs over 2,000 people, is an award-winning Real Estate Investment Trust.

“I’m thrilled to celebrate the 25th anniversary of being listed on the London Stock Exchange and to reflect on all that we’ve achieved in this time. Unite Students is a real success story having grown from its AIM listing in 1999 to the FTSE 100 today and I would like to thank all those who have played their part to achieve this.

“We enter the next era of our journey with growing student numbers and pressure on supply. We are trusted by parents, students, and universities to provide quality, safe and affordable accommodation that supports the entire university experience.

“We are proud to be a part of the UK’s world-renowned higher education sector and will continue to partner with the UK’s strongest universities to meet the housing needs of future generations of students.”

Joe Lister, Chief Executive, Unite Students

Also this month, flexible workspace provider The Boutique Workplace Company announced that it has signed a management agreement with Unite Students to offer affordable workspace at 16 – 18 Middlesex Street in Aldgate.

This will be the firm’s fourth opening in 2024, as it reached 40 locations in May. With a planned opening in Autumn, The Boutique Workplace Company will offer occupiers a range of fully furnished private offices, breakout spaces and meeting rooms, benefitting from excellent natural light and high ceilings throughout. It will also offer key amenities including phone booths, showers, bike racks, lockers, and the workplace will be dog friendly.