Advertisement
The UK Competition and Markets Authority has started a formal investigation into Unite Group's plan to acquire Empiric Student Property, amid concerns over market consolidation in student accommodation. The regulator will assess whether the deal could limit competition, affect rental affordability, or reduce choices for students. Unite Group's move reflects a wider trend of larger operators expanding through acquisitions to meet growing demand. The CMA's initial phase 1 decision is expected later this year, and it could require changes to the deal or block it entirely.
Britain's Competition and Markets Authority (CMA) has opened an investigation into Unite Group's proposed acquisition of Empiric Student Property, highlighting concerns over consolidation in the UK student housing market. The regulator is examining whether the deal could reduce competition, affect rental affordability, or limit choice for students across the country. The CMA has set a deadline later this year to complete its initial phase 1 assessment of the transaction. Advertisement
Unite Group, one of the largest operators in student accommodation, had announced its plan to acquire Empiric Student Property, another key player with a significant portfolio in the sector. If completed, the acquisition would further consolidate the market, bringing together two major operators and increasing Unite's reach in several university cities. Analysts point out that consolidation in the student housing market has accelerated over recent years, with larger operators seeking to expand their portfolios through acquisitions to meet growing student demand.
The regulator's review will consider potential impacts on competition, including whether the combined company could influence rental prices or reduce options for students. Previous acquisitions in the sector have sometimes faced regulatory scrutiny, reflecting the sensitivity around market concentration in student housing. The CMA can require changes to the deal or block it entirely if competition concerns are substantial.
Industry observers note that student housing remains a critical segment of the UK real estate market, with demand driven by domestic and international students. Recent years have seen rising investment interest in this sector, and the outcome of this investigation could shape future acquisitions and strategies among operators.
Source Reuters
5th Jun, 2025
25th May, 2023
11th May, 2023
27th Apr, 2023
Advertisement
Facebook
Whatsapp
