Here at FLR we have recently completed the 3500m2 Princess Road Student Accommodation. The majority of the project was completed in Forbo Allura, along with Forbo Flotex and Forbo Tessera Carpet Tiles. The building which houses over 200 bedrooms is now all ready for handover to its client Empiric who will manage the building.
Empiric Student Property plc is an internally managed UK REIT investing in modern, premium student accommodation located in prime central locations in top university towns and cities in the UK. The Empiric Student Property plc management team has a long track record in the acquisition, development and management of student accommodation assets in the UK.
Active asset management, including continued yield management and Capex planning has allowed the Company to achieve upper quartile rent levels while maintaining full occupancy across each asset. The management is focused on minimising costs.