Student housing firm reports profit of £20.6m as revenue rises 30% to £73m
The Singapore-listed property company has bought Emily Davies House for £13.9m
The student specialist has seen occupancy rise to a record high of 98%
The software enables students to connect with their neighbours and form interest groups
Occupancy stands at 92% for the next academic year as the sector recovers from pandemic restrictions
Donald Grant was CFO at RDI REIT and formerly head of finance at Liberty
Peel Hunt wins latest FTSE mandate, replacing RBC in the role
Occupancy is above 2019 levels, as CFO Lynne Fennah steps down
Revenues for 2021 were much the same as 2020 but increased occupancy is cause for cheer
Ratchford will join as an independent non-executive director on 1 October
Student accommodation operator “cautiously optimistic” about return to normal occupancy levels
Company plans to knock down and rebuild Francis Gardner Apartments