Practice Areas - Real Estate Law Firms and Lawyers
| Deal Date: | 18-01-2017 | Practice Area: | Real Estate |
| Deal Title: | UPP Development of Student Accommodation Scheme, Stratford | Industry: | Real Estate Investment & Services |
| Description: |
Addleshaw Goddard advised UPP, on the c. GBP105m transaction with the University of London, for a new central London student accommodation scheme.
The 511-bed student accommodation development in Stratford, was funded by c. GBP87m of senior debt from Pension Insurance Corporation PLC, with a senior debt investment graded AA-rated wrap provided by Assured Guaranty, UPP and the University also invested a combined c. GBP18m of equity and subordinated debt.
The 33-storey tower, was to be developed by the Watkin Jones Group as part of a larger mixed-use development which would also include residential and commercial spaces to be completed in 2019.
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| Financial Center: | London | Value: | 0.00-0.00 |
| Advised Party: | Developer | Law Firm | Addleshaw Goddard |
| Development Jurisdiction | United Kingdom | Developer Jurisdiction | United Kingdom |
| Classification: |
Real Estate Development Mixed-Use |
Lawyer | Adrian Collins |
