Empiric Student Property To Add To Portfolio In Birmingham
Newly-listed Empiric Student Property PLC Thursday said it had agree to acquire the freehold of a direct-let student accommodation property in Birmingham from MSAF008 Mansion Brook Selly Oak Ltd, a subsidiary of The Mansion Group, in a deal worth GBP12 million.
The property consists of 106 studio beds, together with secure car parking facilitates, communal kitchen and laundry areas.
Empiric said the property is located a five-minute walk from the University of Birmingham and is next to Edge Apartments, which it has also agreed to acquire …