Empiric Student Property plc
Empiric Student Property plc | |
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Date: | November 2014 |
Deal Size: | £65m 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 first of a 12 month Share Issuance Programme which comprised the authority to issue 300m shares in the company. A new tripartite prospectus was published as part of this programme. Immediately following this fundraise the Company acquired a series of assets in Exeter, Leeds and Glasgow. |
Lead: | Tom Frost |
