DLA Piper advises Knightsbridge Student Housing on £31m acquisitions
DLA Piper has acted for Knightsbridge Student Housing (Knightsbridge) on its acquisition of additional student accommodation comprising of 224 beds in Lincoln to supplement the existing site of 1,329 beds in the city.
This acquisition by Knightsbridge, part of the Oaktree Capital Management Group, follows on from its recent purchase of the former Bristol Magistrates’ Court, on which DLA Piper also advised.
Knightsbridge is in the process of constructing a block of bespoke student accommodation with a build cost of approximately £16m, which is set to provide a total of 348 bedrooms and two retail units.
The combined value of the two developments is more than £31m.
Partner Steven Blacksell led the DLA Piper team, assisted by Ian Doig, Roger Gough and Mark Burgess, who advised on construction commercial and tax issues respectively.
News from DLA Piper
News from The Lawyer
Briefings from DLA Piper
DLA Piper has released the winter 2014 issue of SHE Matters, a newsletter dedicated to safety, health and the environment.
This regular publication by DLA Piper lawyers focuses on helping clients navigate the ever-changing business, legal and regulatory landscape.
Analysis from The Lawyer
The fragile refinance market is back in rude health and US-style alternative lenders are stepping up with innovative structures to sustain the recovery
The Lawyer’s latest Top 50 litigation firms list shows that business for dispute specialists is roaring along while new in-depth detail reveals the winning strategies