Home The Market Investment Portfolio Development Portfolio Investor Information About Us Contact Empiric Student Property About us Experienced internalised Management team Empiric Student Property plc (LSE: ESP), a UK REIT, is a leading provider and operator of modern, direct-let, nominated or leased student accommodation located in prime city centre locations in top university towns and cities in the UK. The Company listed on the Main Market (Premium Listing) of the London Stock Exchange in June 2014. The Empiric Student Property plc management team has a long track record in the acquisition, development and management of student accommodation assets in the UK. Active asset management, including continued yield management and Capex planning has allowed the Company to achieve upper quartile rent levels while targeting a return to full occupancy across each asset for 2019/20 and beyond. The management is focused on delivering significant financial and operational improvements and cost savings and targeting: full dividend cover; an operating margin of circa 70%; and a total return of 10%. In this section The Empiric plc management team has a long track record in the acquisition, development and management of student accommodation assets in the UK. Directors Advisers News 9% The growth of full-time student numbers in ESPs locations vs 5% nationally over 5 years 165,965 The excess number of applicants who were not accepted to a UK University in 2017-18, indicating the continued demand for the UK’s quality Universities 18.4% Rental costs up 18.4% between 2012 and 2016, significantly outperforming RPI 25% The increase in full-time student population in the last ten years The Market Investment Portfolio Development Portfolio Investor Information About Contact Legal Modern Slavery Site Map © 2021 Empiric Student Property plc. All rights reserved. Address: 1st Floor, 72 Borough High Street, London, SE1 1XF | Tel: +44 20 8078 8791 Registered as a limited company in England and Wales under company number: 08886906 The company budgets and models on the basis of 97% occupancy. Occupancy or income of the operational portfolio to this level and in excess is considered fully let. Terms | Cookie Policy