We advise on all aspects of alternative investment classes. These include PFI/PPP projects, healthcare and PRS. Our team advises governments, property developers, lenders, borrowers and contractors across a number of jurisdictions. Our extensive resources and experience means we can assemble teams of lawyers with the appropriate skills to deal with all types of accommodation project requirements.
We have also advised on some of the leading student accommodation projects, including advising on equity investments, bond financing, development and investment facilities both on and off campus and involving leases and hard and soft nomination agreements.
We offer a range of specialist services that covers all aspects and stages of alternative real estate investment projects, including PFI/PPP, accommodation, student accommodation, hotels & leisure, healthcare and PRS:
We have extensive experience representing lenders, universities, operators, private equity and funds in connection with the provision of finance for student accommodation projects
We have extensive experience negotiating and advising on PFI/PPP concession agreements involving accommodation requirements to ensure a robust structure for the financing of the project and a bankable deal.
We advise on all stages of construction from the inception of the project through to its completion, including the preparation and negotiation of the terms of construction documentation, contracts, sub-contracts, drafting of performance bonds, guarantees and insurance arrangements, dispute resolution and advice on EC and other public procurement issues.
We advise on the acquisition of accommodation properties, including property due diligence.
Funding and finance
We have experience acting for both lenders and borrowers, covering the full range of financing and funding options, including securitisations and private equity finance.
We provide specialist advice in both contentious and non-contentious planning matters and have extensive experience in negotiating planning, planning applications, planning appeals and local plan enquiries.
We advise on regulatory compliance and provide advice on guidance for environmental issues, including due diligence and disclosure, the appointment of environmental consultants and the negotiation of contractual provisions.
Joint venture/consortium agreements
We advise on the structuring of consortia to bid for major projects and the shareholder agreements establishing special purpose vehicles.
We have wide-ranging experience of advising in relation to nomination agreements with educational institutions, managing agents’ appointments, facilities management, contracts and other service level agreements for operation of student halls accommodation schemes.
We have extensive experience of structures and techniques which can enhance the tax efficiency of accommodation projects, and also the experience to recognise the particular requirements of different types of clients and how the various transactional structures can be effectively combined. In the student halls accommodation sector we have the necessary experience of advising on direct taxes, capital allowances and VAT.