IPO of Empiric Student Property

Deal typeCapital markets
IndustryReal Estate

BDO acted as reporting accountant for Empiric Student Property’s IPO on the Main Market of the London Stock Exchange and admission to the Premium Listing segment of the Official List. 

Empiric Student Property intends to operate as a REIT, investing in modern, high-end, student accommodation assets, with a focus on quality and with assets generally in prime city centre locations in top university cities in the UK. On admission it acquired four properties (one subject to practical completion), and had a further seven assets in legal negotiation.     

"BDO acted as reporting accountant on our prospectus relating to our Premium Listing on the London Stock Exchange. They provided excellent support to us as we prepared for the IPO, for example in helping us to develop our thinking on financial processes and procedures. We have retained them as auditors and I would have no hesitation in recommending them".    

Michael Enright, Chief Financial Officer, Empiric Student Property plc