Major student accommodation project at Kingston University

30 Jul 2020 | 03:41 pm | 1 min. read

Pinsent Masons has advised Kingston Student Living LLP (an Equitix/Engie consortium) on the Kingston University Residences DBFO project, which has reached Financial Close.

The University and Kingston Student Living, raised £90m of finance through a bond issue, wrapped by Assured Guaranty.

The project will see the redesign and refurbishment, finance and operation of 1,332 student bedrooms, with the refurbishment works expected to be completed for the start of the 2022/23 academic year. Engie Services will then provide soft and hard FM for the 50 year operational period.

Legal Director Chris Owens led the Pinsent Masons team that worked on the project across 5 offices and which included Head of the firm's Universities practice Victoria Goddard, Infrastructure Finance Partner Gillian Frew, Legal Director Catherine Hemsworth, Senior Associates Russell Teale, Jo Falencka and Graham Young and Associate James McDonald.

Chris Owens commented: "We are delighted to have advised KSL on this important project, which caps off a busy 12 month period in which we have closed 3 major DBFO projects in the sector and demonstrates the unique rounded nature of our offering. To get a deal of this size done in the current climate is a testament to the commitment of Equitix/Engie, the University and Assured Guaranty to work collaboratively to reach a common goal and a great vote of confidence in the student accommodation sector."

Pinsent Masons has advised number of universities and private sector partners on student accommodation projects including most recently the University of York in relation to the Campus East Residences DBFO project and the University of Leicester on the Freemens Common Residences DBFO scheme.


Latest press releases

Show me all press releases

Pinsent Masons launches online tool to spot future home-working related litigation for financial services firms

Multinational law firm Pinsent Masons has launched a new working-from home audit tool to help financial services organisations understand the hidden litigation and regulatory risks associated with staff increasingly working from home on a more permanent basis.

Pinsent Masons advises Seraphine Group PLC on its £150m main market IPO

Multinational law firm Pinsent Masons is advising Seraphine Group plc, an international digitally-led maternity and nursing wear, on its IPO and premium listing on the main market of the London Stock Exchange.

Pinsent Masons agrees MOU with Nepal International ADR Center

Multinational law firm Pinsent Masons has today signed a memorandum of understanding (MOU) with Nepal International ADR Center (NIAC), commencing an important collaborative relationship seeking to enhance NIAC’s international arbitration capabilities.

People who viewed this press release also viewed

Show me all press releases

Pinsent Masons unveils FY21 year end results

Multinational law firm Pinsent Masons has announced its FY21 year end results, reporting against last year’s metrics as the firm advances its strategy to become a purpose-led, professional services business with law at the core.

Pinsent Masons hires Sydney-based property and infrastructure partner

Multinational law firm Pinsent Masons has recruited property and infrastructure partner Deanne Ogilvie in its Sydney office.

Pinsent Masons to cut absolute global carbon emissions by at least 50%

Multinational law firm Pinsent Masons has unveiled targets to cut absolute carbon emissions by a minimum of 50% by 2030, as it continues to reduce its environmental impact and support clients in tackling the climate crisis.

For all media enquiries, including arranging an interview with one of our spokespeople, please contact the press office on

+44 (0)20 7418 8199 or 

Location contacts