Second fundraising for luxury student flats operator Empiric
An uncomfortable number of companies have had to pull out of flotations in recent months because large investors were unimpressed with what they had to offer.
But one firm that has managed to come to market is Empiric Student Property, which specialises in high-end accommodation, primarily for overseas students.
Midas looked at Empiric in June, a fortnight before it floated. At the time, the company said it wanted to raise between £110million and £150million at 100p a share. Ultimately, it raised £85million …