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.

Details                      

  • Asset
    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     
  • Timeframe
    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.    

Contact
Phone: +44 (0) 207 182 1740
E-mail: info@voltairefinancial.com
Website : www.voltairefinancial.com 

Voltaire Financial LLP 3rd floor Moss House 15-16 Brook's Mews Mayfair, London W1K 4DS

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