Investment objective
buy Facebook shares Empiric Student Property plc (LSE: ESP) is an internally managed UK REIT investing in modern, premium 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, raising £85 million of gross proceeds. The Company is targeting a net total return to shareholders of 13.0% p.a. over the medium term, including a 6.0% p.a. dividend yield.