Ashurst advises on £723 million acquisition of Empiric Student Property

Ashurst is representing Lazard, as lead financial adviser, in connection with the recommended cash offer by The Unite Group plc for Empiric Student Property plc (Empiric), a FTSE 250 UK REIT. The offer was announced 14 August 2025 and values Empiric’s entire issued and to be issued ordinary share capital at approximately £723 million.