Practice Areas - Corporate and M&A Law Firms and Lawyers
| Deal Date: | 08-03-2016 | Practice Area: | Corporate and M&A |
| Deal Title: | Wellcome Trust Student Accommodation JV with Goldman Sachs and Greystar | Industry: | Real Estate Investment & Services |
| Description: |
Clifford Chance London advised the Wellcome Trust on a GBP2bn joint venture with Goldman Sachs and Greystar to form a new student accommodation company with a portfolio of 23,500 beds across 54 sites in the UK. The new company, Vero Group, would consolidate the holdings of the three parties, bringing together iQ, owned by the Wellcome Trust, and Prodigy Living, owned by Goldman Sachs and Greystar.
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| Financial Center: | London | Value: | 1000.01-5000.00 |
| Advised Party: | Joint Venture Party | Law Firm | Clifford Chance |
| JV Party Jurisdiction | United Kingdom | JV Party Jurisdiction | United Kingdom |
| Classification: |
Joint Ventures Continuing Business Partnership |
Lawyer | Adrian Levy |
