The London School of Economics (LSE)’s major student accommodation redevelopment project will provide 676 new student bedrooms together with associated commercial space and a community café in Southwark.
The Glengall Road Student Accommodation DBFO Project is a 15 storey, tiered development, which will provide additional housing primarily for post-graduate students of the School. Over a third of the rooms will benefit from the London Plan’s affordable student housing requirements, enabling access to good quality housing for lower income students.
Equity was provided by DIF (80.1%) and the School (19.9%) with Senior Debt provided by Pension Insurance Corporation plc. The construction works and FM services will be provided by Equans.
The team at Pinsent Masons included head of the firm’s universities practice Victoria Goddard (Picture), tax partner Christine Yuill, legal directors Graham Young and Catherine Hemsworth, senior associates Ria Bennett and Emma O’Gorman, associates James McDonald, Rebecca Wilding and Emma-Louise Beadie and solicitors David Jeffries, Louie Gough and Emilia Turnock.
Law Firms: Pinsent Masons;