• ESP

    Home away from home

    Facebook shares We provide a home for over 650 students in 8 properties across 6 of the UK's strongest university cities. A further two development properties and one forward-funded property will provide an additional c.430 beds. 

  • ESP

    Outstanding properties

    We believe in providing the best environment for students to live and learn. Fantastic on-site facilities and superior finishes provide a superior home away from home to ensure students reach their full potential during their time at university.

  • ESP

    Attractive returns

    We are focused on delivering attractive returns for our investors. As such, we are targeting a net total return to shareholders of 13.0% p.a. over the medium term, including a 6.0% p.a. dividend yield.

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.

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Our investments

The Company is substantially fully invested in a portfolio of 8 UK student accommodation properties totalling over 650 fully let beds, alongside a further two development properties and one forward-funded property providing an additional c.430 beds. The properties are fully let for the academic year 2014/15, generating a gross annual rent of approximately £6.1 million.

 

 

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Opportunity

ESP has identified a strong pipeline of potential properties, with an aggregate value in excess of £110 million, which are in various stages of progress and due diligence. The Directors anticipate that the Company would be able to acquire such properties (or similar suitable alternatives) in the short term. The Company is also considering a further strong pipeline of suitable new investment opportunities of a similar value for potential acquisition in the medium term.

 

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A growing portfolio of well-located, purpose-built, superior quality properties

Empiric Student Property plc continues to acquire, develop, own and lease superior quality, centrally located, direct-let student accommodation properties in top university towns and cities in the UK, focused on the top quartile of tenants by rental spend.

how to invest in Google shares The high-end concept offers a superior property to students, allowing management to charge upper-quartile rents, achieve full occupancy year after year while generating a high degree of repeat business.

The Company is invested in a portfolio of 8 UK student accommodation properties totalling over 650 fully let beds, alongside a further two development properties and one forward-funded property providing an additional c.430 beds.

 

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Empiric Student Property: Highlights

ESP

Experienced internalised Management team

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 maintaining  full occupancy across each asset. The management is focused on minimising costs.

* The declaration, payment and amount of any future dividends by the Company are subject to the discretion of the Directors and will depend upon, amongst other things, the Company successfully pursuing its investment policy and the Company’s earnings, financial position, cash requirements, level and rate of borrowings and availability of profit, as well the provisions of relevant laws or generally accepted accounting principles from time to time. There can be no assurance as to the level and/or payment of future dividends by the Company.

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