Pinsent Masons advises senior and equity bridge lenders on Khalifa University Student Accommodation public-private partnership project
27 Aug 2024 | 09:22 am |
Multinational law firm Pinsent Masons has advised HSBC, Korea Development Bank, The Norinchukin Bank, Intesa Sanpaolo, and Abu Dhabi Commercial Bank on all aspects of the project financing of the Khalifa University Student Accommodation public-private partnership (PPP) project.
This development is the largest student accommodation PPP in the Gulf Cooperation Council (GCC) and includes a 23-year concession to design, build, finance, and maintain 3,260 student rooms and communal facilities across Khalifa University’s main campus and Sas Al Nakhl campus. Construction is scheduled for completion by winter 2026.
Catherine Workman, Head of Middle East region, said: “We’re delighted to have had another opportunity to work with this dynamic consortium, who have once again demonstrated their ability to deliver key social infrastructure through PPP.”
The project was awarded by the Abu Dhabi Investment Office (ADIO) in collaboration with Khalifa University of Science and Technology to the KUnnected Living consortium, comprising Plenary Group, BESIX, and Mazrui International, with construction undertaken by United Engineering Construction.
The Pinsent Masons team was led by Catherine Workman and Matthew Escritt and involved a multidisciplinary team including Martin Bishop, Chris Hall, Albert Kromm and Kenza Krim.
Matthew Escritt, Head of Finance & Projects (Middle East), added: “This is another significant achievement for Abu Dhabi, which is leading the way with PPP in the region.”
This project builds on the success of the Zayed City Schools PPP project, where three schools have recently become operational, on which Pinsent Masons also advised. This underscores Abu Dhabi's significant progress in bolstering its social infrastructure through PPPs.
Key Contacts
Latest press releases
Show me all press releasesPinsent Masons supports SGE on joint venture project for the development of small modular reactors
Multinational law firm Pinsent Masons has advised SGE on entering into a shareholders’ agreement with ZE PAK concerning the establishment of PAK BWRX. The company’s purpose will be to develop and operate six reactors using BWRX-300 technology, with a combined capacity of 1.8 GW.
Pinsent Masons achieves highest number of Legal 500 UK rankings
Multinational law firm Pinsent Masons has once again topped the Legal 500 UK rankings, securing both the highest number of overall rankings and the most Tier One rankings.
Pinsent Masons advises EDF power solutions on Five Estuaries Offshore Wind Farm acquisition
Multinational law firm Pinsent Masons has advised long-standing client EDF power solutions on its acquisition of a 33.3% interest in the Five Estuaries Offshore Wind Farm project from RWE, marking a significant addition to EDF power solutions’ UK offshore wind development portfolio.
People who viewed this press release also viewed
Show me all press releasesPinsent Masons supports SGE on joint venture project for the development of small modular reactors
Multinational law firm Pinsent Masons has advised SGE on entering into a shareholders’ agreement with ZE PAK concerning the establishment of PAK BWRX. The company’s purpose will be to develop and operate six reactors using BWRX-300 technology, with a combined capacity of 1.8 GW.
Pinsent Masons strengthens energy transition and infrastructure offering with partner hire Josh Htet
Multinational law firm Pinsent Masons has appointed Joshua Htet as a partner in its Energy and Infrastructure team in London, strengthening the firm's capabilities across project finance, energy transition and renewable energy.
Pinsent Masons advises Erste Group Bank
Multinational law firm Pinsent Masons advised Erste Group Bank and Erste Bank Polska on an investment loan granted to Eastnine, a company listed on Nasdaq Stockholm.
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]