|Empiric Student Property plc
|£110m 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 assets in prime central locations in top university cities and towns in the UK.
|About the transaction:
This fundraise was conducted for a specific portfolio of assets in London, which will add in excess of 1,000 beds to the wider Empiric portfolio.
The fundraise was a single Prospectus issue comprising a Placing, an Open Offer, Offer for Subscription, and Intermediaries Offer