University of Essex

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.”