Finance

Empiric Student Property issues confident update ahead of next academic year

By 2023-05-24T09:56:00

ESP_St Mary's - Residents Lounge

Empiric Student Property has revealed that it expects average rents to rise by more than 7% during the 2023/24 academic year.

In a trading update to investors, the group added that occupancy across its portfolio for the next academic year was “significantly ahead” of 12 months ago at 86%.

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