£85m equity fundraising on the London Stock Exchange
About the client:
Empiric Student Property plc is an internally managed real estate investment trust (“REIT”) investing in modern, direct-let, premium student accommodation, both standing and development assets, with a focus on quality and with assets in prime central locations in top university cities and towns in the UK.
About the transaction:
This fundraise represented the third undertaken by Akur, and comprised part of its share issuance programme, it was oversubscribed at the top end of the range, immediately following the fundraise Empiric began an accelerated programme of asset acquisitions in Leeds, Bristol, Exeter and Manchester.
BLN (trading as ThinCats) is the UK’s leading secured business lending platform, having lent a total of £140 million to UK businesses on a secured basis, as at November 2015
About the transaction:
Akur acted as ThinCats’ exclusive financial adviser to secure a major underwriting facility to enable higher frequency and larger loans across ThinCats platform. Following an extensive process, ESO Capital was chosen as lead underwriter on the ThinCats platform, driving significant ramp-up in the scale of the business.
Tom is focused on real estate, infrastructure and renewable energy.
Tom is primarily focused on the listed market, across both corporates and closed-ended funds. Specialising in yielding asset backed offerings, his sector focus is on real estate, infrastructure, and renewable energy. He previously ran a principal investment team within Kaupthing Singer and Friedlander, and an equities and funds group focused on infrastructure and renewable energy at Numis Securities. Previously, he was within a project finance team at KPMG, and holds a PhD in atmospheric chemistry.
David is focused on the firm’s Retail, Consumer and Online Gaming sector. He has over 10 years investment banking experience gained from BNP Paribas, CIBC World Markets and Numis Securities.
His experience includes both UK and cross-border transactions and spans capital markets and M&A advisory for public and private companies. He has been particularly active in the IPO, financings and sales of some of the leading online gaming companies.
+44 207 493 3631
