Canada Pension Plan Investment Board £1.1 billion acquisition of Liberty Living student property portfolio

Overview:

• Canada Pension Plan Investment Board (CPPIB) has acquired the Liberty Living brand including Liberty Living Management Two from Brandeaux Student Accommodation Fund for £1.1 billion.
• Liberty Living is a student accommodation provider with over 40 residences and over 16,700 rooms located in 17 of the largest university towns and cities across the UK.
• Brandeaux Student Accommodation Fund was advised by Clifford Chance and legacy Olswang.
• CPPIB was advised by legacy Nabarro.

Sam Duke - Editor