The Lawyer Africa Elite 2014 features an in-depth look at 46 leading independent firms’ strategies in 15 key sub-Saharan jurisdictions, as well as the views of in-house counsel from some of Africa’s largest companies... Read more
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
Pinsent Masons has won the University of Essex as a new client on a greenfield property development in Colchester.
The firm will advise on the entire lifecycle of a student accommodation project, including funding, planning, environment and construction work.
Pinsents’ role includes assisting on the project structure, which could see the university partnering with the private sector and lenders to create new income streams.
Projects partner Victoria Goddard said: “Everybody seems to be looking at this market at the moment. [In contrast with elements of the commercial property market] there still seems to be a decent return on student residences.”
The Essex development is part of a £250m capital investment project, which includes a first-stage construction of 750 units plus related infrastructure on The Meadows site outside the main campus.
The project could see the university release funds from the sale of existing buildings.
“Part of the new site could be sold off at a future stage for housing; hopefully that means we’ll have a long-term role,” said Goddard.
Pinsents has experience on similar projects. The student accommodation team has advised Leeds Metropolitan, Nottingham Trent and City universities.