|Public (LSE: UTG)|
|Industry||Student accommodation#Off campus residences|
|Headquarters||Bristol, United Kingdom|
Phil White CBE, (Chairman)|
Mark Allan (CEO)
Joe Lister (CFO)
|Products||Student accommodation (halls of residence)|
|Services||Property investment and development|
|Revenue||£208.8 million (2015)|
|£229.6 million (2015)|
|£355.7 million (2015)|
Unite Students provides Purpose Built Student Accommodation (PBSA) across the United Kingdom. ‘Unite Students’ is the trade name for The Unite Group Plc, a London Stock Exchange listed business and a constituent of the FTSE 250 Index.
The Unite Group was founded in Bristol in 1991, and remains headquartered in the city.
The business was founded by Nicholas Porter who, aged 21 and following research with the University of the West of England, recognised a growing demand for student accommodation. Unused office buildings in Bristol’s centre were converted into flats, opening to their first students in 1992.
During the following decade Unite created investment vehicles to secure rapid growth in London, across England and into Scotland. Of these vehicles, The Unite UK Student Accommodation Fund (USAF) is Europe’s largest fund focusing solely on direct-let student accommodation.
Former National Express Chief Executive Phil White CBE became Non-Executive Chairman in May 2009, replacing Geoffrey Maddrell who had previously announced his departure after 10 years in the role.
In 2012 it founded charitable trust The Unite Foundation, which provides free accommodation and a cost-of-living allowance to students from “challenging circumstances”.
In April 2014 Unite renamed itself ‘Unite Students’. Simultaneously, it launched its ‘Home for Success’ corporate philosophy; which it describes as its “business purpose”. The Home for Success announcement included a £40m reinvestment of profits into the business and 16 “signature commitments,” all of which relate to an improved student experience.
Leadership and operational structure
The Unite Group is led by a small executive team of Chief Executive Mark Allan, Chief Financial Officer Joe Lister, Managing Director of Property Richard Simpson and Managing Director of Operations Richard Smith.
Unite Students employs over 1,000 people, with about 250 in their central Bristol headquarters and the remainder in the 23 towns and cities in which they operate.
- Grand Central - Liverpool, Merseyside
- Sky Plaza - Leeds, West Yorkshire
- Stratford ONE - Stratford, London
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- "About Us". unitefoundation.co.uk. Retrieved 3 April 2015.
- "Home for Success". unite-group.co.uk. Retrieved 3 April 2015.
- "Grand Central". Emporis. Retrieved 2010-03-29.
- "Worlds Tallest Student Block Completes In Leeds". Skyscraper News. 2009-06-26. Retrieved 2012-03-17.
- "Newham Recorder". 2014-09-18. Retrieved 2014-01-07.