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 releasesPinsent Masons hires new litigation partner in London
International law firm Pinsent Masons has today announced that it has bolstered its litigation and arbitration team with the hire of Jessica Wicker from Close Brothers Group PLC (Close Brothers).
Pinsent Masons hires leading pensions partner Susie Daykin in London
Multinational law firm Pinsent Masons has appointed pensions partner Susie Daykin to join its London office.
Pinsent Masons MPillay advises Proparco on strategic Asia Pacific energy investment
Law firm Pinsent Masons MPIllay has advised French development finance institution Proparco (Société de Promotion et de Participation pour la Coopération Économique) on its investment in Singapore-headquartered energy-as-a-service (EaaS) infrastructure platform August Energy.
People who viewed this press release also viewed
Show me all press releasesPinsent Masons hires leading pensions partner Susie Daykin in London
Multinational law firm Pinsent Masons has appointed pensions partner Susie Daykin to join its London office.
Pinsent Masons MPillay advises Proparco on strategic Asia Pacific energy investment
Law firm Pinsent Masons MPIllay has advised French development finance institution Proparco (Société de Promotion et de Participation pour la Coopération Économique) on its investment in Singapore-headquartered energy-as-a-service (EaaS) infrastructure platform August Energy.
Pinsent Masons advised La Banque Postale and Bpifrance
Multinational law firm Pinsent Masons in Paris advised La Banque Postale and Bpifrance in connection with the financing of the repowering of two wind farms (Marsanne and Grand Bois) owned by funds managed by Octopus Energy Generation, for an amount exceeding €83 million.
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]