Pinsent Masons advises HSBC and RBS on £1.1 billion CPPIB acquisition of Liberty Living

09 Mar 2015 | 04:56 pm |

International law firm Pinsent Masons has advised HSBC and RBS on the financing of Canada Pension Plan Investment Board's (CPPIB) £1.1 billion acquisition of student accommodation company Liberty Living.

The deal, which will see CPPIB acquire over 40 Liberty Living residences across 17 UK university towns and cities, represents the largest European real estate transaction undertaken by CPPIB to date.

The Pinsent Masons team was led by finance partner William Oliver and Frances Mallender with support from across the firm's banking, real estate and tax teams.

Commenting on the deal, William Oliver, said: "Having advised on the financing of the Liberty Living portfolio over the last few years we were delighted to continue to work with them with respect to their acquisition by CPPIB."

CPPIB is a Toronto-headquartered professional investment management business which invests on behalf of its 18 million contributors and beneficiaries. Maintaining a diversified portfolio it invests in a range of sectors including public and private equities, real estate, infrastructure and fixed income instruments.

Liberty Living owns over 16,700 rooms across the UK and is one of the longest-standing and highly regarded owners and operators in the sector.

 

Latest press releases

Show me all press releases

Pinsent Masons advises Pinergy on its sale to Sojitz Corporation

Multinational law firm Pinsent Masons has advised Irish company Pinergy on its sale to the Tokyo-based multinational group Sojitz Corporation

Pinsent Masons reinforces Middle East financial services practice with new hire

Multinational law firm Pinsent Masons has appointed Marie Chowdhry as partner in its financial services practice in the Middle East. Previously a Senior Associate with the firm, Marie will re-join the Dubai office on 5 February.

Pinsent Masons advises RRD on the acquisition of Williams Lea

Multinational law firm Pinsent Masons has advised R.R. Donnelley & Sons Company (RRD) on its acquisition of business support services provider Williams Lea from private equity investor, Advent.

People who viewed this press release also viewed

Show me all press releases

Pinsent Masons advises Pinergy on its sale to Sojitz Corporation

Multinational law firm Pinsent Masons has advised Irish company Pinergy on its sale to the Tokyo-based multinational group Sojitz Corporation

Pinsent Masons reinforces Middle East financial services practice with new hire

Multinational law firm Pinsent Masons has appointed Marie Chowdhry as partner in its financial services practice in the Middle East. Previously a Senior Associate with the firm, Marie will re-join the Dubai office on 5 February.

Pinsent Masons hires pensions expert

Multinational law firm Pinsent Masons has appointed pensions partner, Ian Mylrea, to join the firm’s financial services sector in Manchester

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

We are processing your request. \n Thank you for your patience. An error occurred. This could be due to inactivity on the page - please try again.