Empiric Student Property raises £56.1m for new acquisitions and refurb projects

Empiric Student Property has raised £56.1m in a placing and retail offer as it looks to take advantage of favourable market conditions for the student accommodation sector. A total of 59,686,950 new ordinary shares representing 9.9% of the company’s existing share capital have been placed at a price of 93p, raising proceeds of £55.5m. In … Continue reading Empiric Student Property raises £56.1m for new acquisitions and refurb projects