Email Facebook Twitter

EXCLUSIVE: Malcy, Columbus & Reabold presentations - Video Webcast Here

EXCLUSIVE: Leo Koot, Exec Chairman, Columbus Energy speaks at London South East's Oil & Gas event
EXCLUSIVE: Stephen Williams, Reabold Resources speaks at London South East's Oil & Gas event

ShareCast News

Empiric buys new student accommodation in Bath

Thu, 20th Aug 2015 13:50

(ShareCast News) - Empiric Student Property has exchanged contracts to acquire the freehold of a site to be developed into a student accommodation scheme in Bath for a total investment of ?25m.

The property, which is located on James Street West, just to the west of the city centre, is currently owned and being developed by James House Limited and it's expected to be completed in time for the 2016/17 academic year. The site is equidistant from the University of Bath and Bath Spa University, with a 20 minute bus journey to either campus.

Empiric said the development will include three blocks of up to four storeys around a central courtyard, with 169 beds in a mix of multi-bed townhouses and self-contained studios.

Chief executive Paul Hadaway said: "This is Empiric's first investment in Bath, a prime target university city for the Company, with two key universities and a number of other higher education institutions, resulting in full-time student population of over 20,000."

At 1400 BST, Empiric shares were up 0.4% at 110.40p.

Back to ShareCast News

Share Price, Share Chat, Stock Market news at
FREE Member Services
- Setup a personalised Watchlist and Virtual Portfolio.
- Gain access to LIVE real-time Regulatory News (RNS).
- View more Trades, Directors' Deals, and Broker Ratings.
Share Price, Share Chat, Stock Market news at

Datafeed and UK data supplied by NBTrader and Digital Look. While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.