Empiric Student Property (ESP)

  • Change Today:
  • 52 Week High: 101.60
  • 52 Week Low: 80.80
  • Currency: UK Pounds
  • Shares Issued: 603.20m
  • Volume: 402,758
  • Market Cap: £525.99m
  • RiskGrade: 140

Empiric Student acquires Glasgow site

By Daniel Cancian

Date: Friday 13 Nov 2015

LONDON (ShareCast) - (ShareCast News) - Real estate investment trust Empiric Student has completed the acquisition of a forward-funded development programme in Glasgow for £9.6m.
The London-listed company said the programme, known as 155 George Street, consists of a vacant office building extending over basement ground and six upper floors.

The site, located close to the University of Glasgow, is set to be developed to into 87 self-contained studios and one two-bed apartment, Empiric said, adding it expects the development to be completed ahead of the start of the 2017-18 academic year.

"Once all properties are complete, Empiric will own 440 operating beds in this Russell Group University city, which will help to drive further operational efficiencies and economies of scale,"said chief executive Paul Hadaway said in a statement.

"This acquisition is in line with Empiric's investment criteria and returns profile."

Empiric shares were down 0.40% to 109.57p at 1610 GMT on Friday.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.


ESP Market Data

Currency UK Pounds
Share Price 87.20p
Change Today 1.00p
% Change 1.16 %
52 Week High 101.60
52 Week Low 80.80
Volume 402,758
Shares Issued 603.20m
Market Cap £525.99m
RiskGrade 140

ESP Star Ratings

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Income Not Available
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What The Brokers Say

Strong Buy 4
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 4
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

ESP Dividends

  Latest Previous
  1st Interim 2nd Interim
Ex-Div 01-Jun-22 03-Mar-22
Paid 24-Jun-22 25-Mar-22
Amount 0.62p 0.62p

Trades for 24-Jun-2022

Time Volume / Share Price
16:45 2,892 @ 87.30p
16:45 2,892 @ 87.30p
16:35 74,753 @ 87.20p
16:29 43 @ 87.30p
16:29 41 @ 87.30p

ESP Key Personnel

CEO Duncan Garrood

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