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University of Essex

Unviersity of Essex

Date
May 2017

Sector
Education

Transaction
Student Accommodation

Value
£68m

Role
Financial Advisor

QMPF acted as financial advisor to the University of Essex in the procurement of a £68m student accommodation partnership with Uliving which reached financial close in May 2017. The transaction, the Copse, which will see the creation of 643 new student bedrooms, is being funded through an index-linked wrapped bond placement. Equity partners together with Uliving are Equitix and Centro Place Investment; the credit enhancer is Assured Guaranty and the bond purchaser is Pension Insurance Corporation.

QMPF has advised the University on the project since its inception advising on all aspects of commercial and financial considerations for the University.

Andrew Keeble, Director of Finance at the University of Essex said “This further phase of our accommodation partnership with Uliving provides first-class living and learning experiences for the growing number of students who choose to study at the University of Essex. QMPF provided excellent support throughout the transaction with their highly experienced and knowledgeable team helping generate best value to the University.”

For further information contact

Peter Lyons

Partner

+44 (0)131 222 2613

Graeme Tough

Director

0131 222 2607

QMPF LLP, Excel House, 30 Semple Street, Edinburgh EH3 8BL
+44 (0)131 222 2600
info@qmpf.co.uk

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