Empiric Student Property plc (ESPl)

Overview

Empiric Student Property plc operates as a premier provider and operator of modern, predominantly direct-let, premium student accommodation, primarily serving top UK universities. As a fully integrated operational student property company, it focuses on investing in both operating and development assets. The company's approach emphasizes premium studio-led accommodations, catering to the affluent and growing student segments through its Hello Student operating platform. Empiric was incorporated as a real estate investment trust (REIT) in England and Wales and successfully listed on the premium listing segment of the Official List of the Financial Conduct Authority, commencing trading on the main market for listed securities of the London Stock Exchange in June 2014. As a commercial entity under chapter 6 of the UK Listing Rules, Empiric is not classified as an alternative investment fund (AIF) regarding the Alternative Investment Fund Managers Directive (AIFMD). Consequently, it is exempt from providing a Key Information Document (KID) in line with the Packaged Retail and Insurance-based Investment Products (PRIIPs) regulations.

Products and Services

• Modern, Premium Student Accommodation

  Empiric Student Property specializes in offering modern, premium student accommodations. These facilities are designed to meet the high standards and needs of today’s students, focusing on direct-let, studio-led living experiences. The accommodations are positioned in key locations that serve major UK universities, ensuring students have convenient access to their campuses and city amenities.

• Hello Student Operating Platform

  The Hello Student platform is at the core of Empiric’s operations, managing the array of premium studio accommodations across the UK. This sophisticated platform streamlines the rental experience for students, offering an easy-to-use interface for finding, booking, and managing their accommodation. Hello Student emphasizes customer service and support, providing students with a seamless living experience during their university years.

• Investment in Operating and Development Assets

  Empiric not only operates existing student accommodation properties but is also heavily invested in the development of new assets. This dual focus allows the company to expand its portfolio continuously while enhancing the quality and availability of premium student accommodations. Through strategic investments in both the operation of existing properties and the development of new ones, Empiric ensures a steady growth trajectory and a commitment to meeting the evolving needs of students and universities alike.