DIF capital acquires multimillion student housing PPP project in UK
DIF Capital Partners (DIF) announced that it has closed the acquisition of a 90% stake in the Goldsmiths, University of London, student accommodation PPP.
This project was acquired from a fund advised by Arlington Advisors. The investment will be made by DIF Infrastructure V. The remaining 10% stake is owned by Campus Living Villages, a student accommodation owner-operator who will continue operating and maintaining the asset.
The project is an operational availability-based PPP that has been operational in its current form since 2017. It comprises 469 beds across three buildings, communal spaces and an orangery. The project is operated under a 50-year concession signed in 2015. The buildings are all located within 1 mile of the Goldsmiths’ campus in south-east London.
DIF was advised by Addleshaw Goddard (legal), AECOM (technical) and JLL (commercial), Grant Thornton (tax & accounting) and EY (financial).
Country news
-
-
December 23, 2021
Financial close achieved for USD153.47 million student housing PPP project in UK
Equitix and EQUANS (a subsidiary of Engie), the concessionaire for the Prichatts Park Student Village, have achieved financial close for the project.
Read more -
December 21, 2021
Tender issued for USD1.32 billion housing PPP project in UK
Transport for London (TfL) in the UK has launched a tender notice to provide property development services for a multi-phased and mixed-used development at the Bollo Lane site in Acton, West London.
Read more -
November 12, 2021
Tender issued for USD5.35 billion housing PPP project in UK
Scarborough Borough Council in North Yorkshire, UK has launched a tender notice seeking a private partner to deliver good quality and environmentally sustainable homes, with a focus on accelerating the provision of affordable housing and generating social value.
Read more -
November 11, 2021
Tender issued for USD203 million care facility PPP project in UK
Coventry City Council has launched a tender process to select a joint venture partner (JV Partner) for the development and improvement of care services in Coventry, UK.
Read more -
November 05, 2021
Tender issued USD1.36 billion Health innovation district PPP in UK
City of Edinburgh in association with EBQ3 in the UK has launched tender notice seeking private partner for the expansion of Edinburgh BioQuarter Health Innovation District.
Read more
