Embattled student operator Empiric has announced a rise in lettings after appointing Hello Student as the marketing and letting manager for its entire portfolio.
In a trading update it said bookings for the 2018-19 academic year reached 96% at 3 October 2018, significantly ahead of last year.
It said new reservations were continuing and that the company was on track to achieve the full occupancy target of 97%.
In August the operator announced a dividend of 2.5p per share and an increase in its portfolio valuation of 6.2%, nine months after it axed co-founder and chief executive Paul Hadaway as part of a business review.
Empiric issued warnings about dividends in November 2017 after the running costs of its portfolio increased.
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