Walkers’ Jersey office has advised on the Jersey law aspects of the refinancing of a major portfolio of premium UK student accommodation.
A team led by Partner Nigel Weston advised Singapore Press Holdings on the £205m refinancing of a portfolio of 20 purpose-built student accommodation buildings across eight cities, including London, Glasgow, Bristol and Birmingham.
The Walkers team included Senior Counsel Louise Hamilton and Associate Meg McAuley, working with lead counsel CMS.
According to the law firm, interest in UK student accommodation assets has held up in the face of Brexit, and the deal is another example of investors focusing on real estate in the regions outside of London.