Empiric to sell student accommodation development site
Source - SMW
Empiric Student Property has exchanged contracts to sell the freehold of the Forthside Way site in Stirling for £2.0m, excluding costs.
It said the disposal was expected to complete on 27 Nov.
The site was acquired by the group in August 2015, subject to achieving a student accommodation planning approval.
The site of approximately 0.30 ha (0.75 acres) has detailed planning permission for a 208 bed student accommodation development granted on appeal in October 2016 following an application by the group.