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 continues to grow its structured finance team with new partner Igor Zyskind

Multinational law firm Pinsent Masons continues the expansion of its structured finance team with the appointment of partner Igor Zyskind in its London office.

Pinsent Masons advises Puma Energy on the issuance of $500m 7.750% high yield senior notes due 2029

Multinational law firm Pinsent Masons has advised global energy company Puma Energy on the Luxembourg aspects of the successful issuance of $500m 7.750% high yield senior notes due 2029.

Pinsent Masons Advises Ithaca Energy On Transformational North Sea Merger With Eni’s UK Upstream Business

Multinational law firm Pinsent Masons is advising leading UK independent exploration & production company Ithaca Energy plc on its transformational combination with Eni S.p.A.’s UK upstream oil and gas assets, establishing Ithaca Energy as the second largest independent operator in the UKCS by 2024 production.

People who viewed this press release also viewed

Show me all press releases

Pinsent Masons promotes 22 to its partnership

Multinational law firm Pinsent Masons has boosted its global professional services capabilities with the promotion of 22 new partners.

Pinsent Masons hires senior litigation and investigations partner Melanie Ryan in London

Multinational law firm Pinsent Masons has appointed litigation partner Melanie Ryan to join its Global Investigations team in London.

Pinsent Masons hires senior finance partner Nick Tostivin to lead its Finance team in London

Multinational law firm Pinsent Masons has appointed partner Nick Tostivin to join its rapidly expanding financial services team in London, where he will lead the Finance team.

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.