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 is successful with City of Munich landmark Oktoberfest appeal

Multinational law firm Pinsent Masons is advising the City of Munich in appeal proceedings brought by the organisers of a planned Oktoberfest event in Dubai. The organisers provided cease-and-desist undertakings, thereby in effect accepting a preliminary injunction issued in this landmark case by the District Court in favour of the City of Munich.

Pinsent Masons advises Northern Gritstone on £215m fund raising

Multinational law firm Pinsent Masons has advised the new investment business Northern Gritstone, founded by the Universities of Leeds, Manchester and Sheffield, on its £215m fund raising.

Pinsent Masons appoints new head of China

Multinational law firm Pinsent Masons has appointed financial services partner Kanyi Lui as Head of China following the implementation of a refreshed leadership structure for the firm’s Asia Pacific network.

People who viewed this press release also viewed

Show me all press releases

Pinsent Masons appoints Claire Hughes as Global Head of Real Estate

Multinational law firm Pinsent Masons has named Claire Hughes as the head of its global real estate sector.

Neil Black named as head of Pinsent Masons’ Manchester office

Multinational law firm Pinsent Masons has appointed employment partner, Neil Black, as the new head of its Manchester office.

Pinsent Masons promotes 23 to its partnership

Multinational law firm Pinsent Masons has promoted 23 to partner, effective as of 1 May, strengthening its partnership outside of traditional legal services and underscoring its strategic aim to build a purpose-led, professional services business with law at the core.

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