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Unite Group (UTG) investor relations material
Unite Group Q3 2025 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
95.2% of beds sold for the 2025/26 academic year, slightly below the previous year's 97.5%.
Rental growth of 4.0% achieved for 2025/26, outperforming the wider PBSA sector.
Nomination agreements with university partners now cover 59% of beds, up from 57%.
Portfolio increasingly aligned to high-tariff institutions, which are seeing higher student demand.
Financial highlights
Reiterated FY2025 guidance for adjusted EPS of 47.5-48.25p.
USAF property portfolio valued at £2,853m, unchanged in Q3, up 1.4% year-to-date.
LSAV property portfolio valued at £2,108m, up 0.4% in Q3, up 1.9% year-to-date.
Rental growth in Q3: USAF 1.8%, LSAV 0.8%.
Property yields stable: USAF at 5.2%, LSAV at 4.5%.
Outlook and guidance
FY2025 adjusted EPS guidance of 47.5-48.25p reiterated, based on current trading and sales performance.
Robust outlook supported by growing demand from school leavers and stabilising international admissions.
Nomination agreements and alignment to high-tariff universities expected to underpin future income.
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