Pandemic leads to Empiric swinging to a £24m loss
Empiric Student Property suffered a 16% fall in revenue and swung to a loss after the Covid-19 pandemic saw the group refund £6.5m rental payments, suffer a fall in occupancy rates and the loss of summer lettings.
Pandemic leads to Empiric swinging to a £24m loss
Empiric Student Property suffered a 16% fall in revenue and swung to a loss after the Covid-19 pandemic saw the group refund £6.5m rental payments, suffer a fall in occupancy rates and the loss of summer lettings.