UK Competition Watchdog Probes Unite Group’s Student Accommodation Acquisition
British competition regulators have initiated a formal investigation into Unite Group’s proposed acquisition of rival student housing provider Empiric Student Property. The Competition and Markets Authority will examine potential market consolidation concerns in the UK student accommodation sector, with an initial decision expected by December 19.
Regulatory Scrutiny for Student Housing Merger
Britain’s competition watchdog has reportedly launched a formal investigation into Unite Group’s planned acquisition of peer Empiric Student Property, according to regulatory filings and industry reports. The Competition and Markets Authority (CMA) confirmed it has initiated a phase 1 probe into the transaction, which would consolidate two major players in the UK student accommodation market.