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.
Key Contacts
Latest press releases
Show me all press releasesAdvising BP on first investment in AI in China
International law firm Pinsent Masons has advised global energy company BP on its investment in energy management tech specialist R&B
Pinsent Masons bolsters its Competition, EU & Trade Group with appointment of Hans Jürgen Meyer-Lindemann in Düsseldorf
Pinsent Masons continues to expand its Competition, EU & Trade Group, with the appointment of competition law specialist, Prof. Dr. Hans Jürgen Meyer-Lindemann, as a partner in the Düsseldorf office.
Pinsent Masons advises HZI on its first Energy from Waste Plant in Australia
International law firm Pinsent Masons has advised HZI on the development of the A$511 million East Rockingham Resource Recovery Facility in Western Australia
People who viewed this press release also viewed
Show me all press releasesPinsent Masons advises Redington on deal from Phoenix
International law firm, Pinsent Masons, has successfully advised the founders and management of Redington, the independent institutional investment consultant, on an investment deal from Phoenix Equity Partners, a leading UK mid-market private equity firm.
Pinsent Masons advises CANCOM SE on its capital increase
International law firm Pinsent Masons has advised CANCOM SE on its share capital increase, valued at €174.2 million.
Pinsent Masons appoints new Head of Tax Fraud Investigations
International law firm Pinsent Masons has further enhanced its commercial litigation, regulatory and tax litigation practice with the appointment of Andrew Sackey as a contentious tax partner in its London office. Andrew will work with clients across each of the firm's five key global sectors – Energy, Infrastructure, Financial Services, Real Estate and Advanced Manufacturing & Technology.
For all media enquiries, including arranging an interview with one of our spokespeople, please contact the press office on
Location contacts
Europe: [email protected]
Asia: [email protected]
Middle East: [email protected]
Australia: [email protected]