Our client has built and operates a successful portfolio of direct let student accommodation in the North of England. Keen to accelerate the growth of their portfolio into new locations they approached us with a requirement for a JV equity partner.
Direct let student accommodation portfolio comprised of HMO stock in up to 10 university towns
- JV equity
£6m injected to date alongside client equity
- Equity ratio
75% injected by JV partner; 25% by client
- JV arrangement
50:50 shareholding of a new vehicle
Regearing of a portion of the combined equity to be carried out in the near future. Flexible thereafter with targeted exit in 3-5 years.
Phone: +44 (0) 207 182 1740
Website : www.voltairefinancial.com
Voltaire Financial LLP 3rd floor Moss House 15-16 Brook's Mews Mayfair, London W1K 4DS