Kirkland Advises Brookfield on Sale of Student Roost
Kirkland & Ellis is advising Brookfield’s real estate private funds on the sale of Student Roost, the U.K.’s third largest purpose-built student accommodation provider, to a joint venture between GIC and Greystar. Student Roost’s portfolio comprises over 23,000 beds with a secured development pipeline of approximately 3,000 further beds covering key U.K. university cities, many of which are home to prestigious Russell Group institutions.
The transaction is expected to close in the third quarter of 2022 and is subject to customary closing conditions.
The Kirkland team was led by corporate partners Greg Scott and Matthew Elliott and associates Irfan Ahmed, Callum Alder, Chris Weale and Sherlin Wong; finance partner Stefan Arnold-Soulby; tax partners Mavnick Nerwal, Katie Price and James Seddon; and antitrust partner Paula Riedel and associate Joel Gory.
