Round Hill Capital’s €1 Billion European Student Accommodation Joint Venture With CPP Investments

Mayer Brown has advised Round Hill Capital on the deal. Freshfields advised CPP Investments. Loyens & Loeff advised a Round Hill Capital/CPP Investments joint venture.

Round Hill Capital, a leading global real estate investment, development and asset management firm, announced a new joint venture with Canada Pension Plan Investment Board (CPP Investments), a global investment management organization with more than 20 million beneficiaries and contributors in Canada, that will invest in excess of €1 billion in European student accommodation.  

The joint venture will target both existing and developing purpose built student accommodation (PBSA) in Continental Europe and will be one of the largest partnerships of its kind in this asset class.

The Mayer Brown team led by Real Estate Markets partner Simon Price (Picture) included Corporate & Securities partners Perry Yam and Tim Nosworthy, and associates Alastair Dolman and Madeleine Pryde; Tax Transactions & Consulting partners Simon Rose and Michelle Jewett (New York), and Employment senior associate Katherine Fox (all London).

The team advising CPP Investments was led by partner Victoria Hills and counsel Keith Chapman, with support from associate Costa Thrasyvoulou and trainee Katie Hall (all Global Transactions – Real Estate), as well as partner May Smith, senior associate Rose Swaffield (both Tax), partner Andrew Murphy, associate Christopher Casson (People and Reward), partner Paul van den Berg and associate Max Immerzeel (Antitrust).

The Loyens & Loeff team included Wilfred Groen, Michel van Agt, Guido Koop, Wijnand Meijer, Ralph van der Kooi, Matthijs van Bohemen, David Altunian, Pimm Sünnen.

Involved fees earner: Christopher Casson – Freshfields Bruckhaus Deringer LLP; Keith Chapman – Freshfields Bruckhaus Deringer LLP; Victoria Hills – Freshfields Bruckhaus Deringer LLP; Max Immerzeel – Freshfields Bruckhaus Deringer LLP; Andrew Murphy – Freshfields Bruckhaus Deringer LLP; May Smith – Freshfields Bruckhaus Deringer LLP; Costa Thrasyvoulou – Freshfields Bruckhaus Deringer LLP; Paul Van Den Berg – Freshfields Bruckhaus Deringer LLP; David Altunian – Loyens & Loeff; Wilfred Groen – Loyens & Loeff; Guido Koop – Loyens & Loeff; Wijnand Meijer – Loyens & Loeff; Pimm Sünnen – Loyens & Loeff; Michel van Agt – Loyens & Loeff; Matthijs van Bohemen – Loyens & Loeff; Ralph van der Kooi – Loyens & Loeff; Alastair Dolman – Mayer Brown; Katherine Fox – Mayer Brown; Michelle Jewett – Mayer Brown; Tim Nosworthy – Mayer Brown; Simon Price – Mayer Brown; Madeleine Pryde – Mayer Brown; Simon Rose – Mayer Brown; Perry Yam – Mayer Brown;

Law Firms: Freshfields Bruckhaus Deringer LLP; Loyens & Loeff; Mayer Brown;

Clients: Canada Pension Plan Investment Board; CPP Investment Board; Round Hill Capital;