– UK, London – Empiric Student Property plc (LON: ESP), the owner and operator of premium student accommodation across the UK, today announced the appointment of Martin Ratchford to its Board as an Independent Non-Executive Director and Chair of the Audit Committee effective on 1 October 2021.
“We are pleased to welcome Martin to the Board. He brings a wealth of invaluable real estate and finance experience in the UK and internationally, and we very much look forward to working closely with him as we continue to drive value enhancing changes in our business and delivering long term shareholder value, which remains top of our agenda.” said Non-Executive Chairman, Mark Pain.
The Company also announced that Jim Prower will resign from the Board at the same date.
About Martin Ratchford
Martin Ratchford is a senior finance professional with more than two decades’ experience in UK and international real estate gained across the listed, fund and private sectors and across most property asset classes, including student accommodation. Since June 2018, he has held the post of Chief Finance Officer at Frasers Property UK Limited, part of Frasers Property. Frasers Property, listed on the main board of the Singapore Exchange Securities Trading Limited, is a multi-national company that develops, owns and manages a diverse portfolio of c.£21 billion of real estate across multiple asset classes.
Martin previously held senior finance and leadership roles at The Unite Group PLC, The British Land Company plc and latterly as Finance Director of Real Estate & Funds at Thomas Cook Group plc.
About
Empiric Student Property plc is a leading provider and operator of modern, predominantly direct-let, premium student accommodation located in high-demand university towns and cities across the UK. Investing in both operating and development assets, Empiric is a fully integrated operational student property business focused on premium studio-led accommodation managed through its Hello Student operating platform, that is attractive to affluent growing student segments.
The Company, an internally managed real estate investment trust incorporated in England and Wales, listed on the premium listing segment of the Official List of the Financial Conduct Authority and was admitted to trading on the main market for listed securities of the London Stock Exchange in June 2014.
For more information : http://www.empiric.co.uk/
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