Linklaters advises GIC and Greystar on Purchase of Student Roost

Linklaters is advising a joint venture formed between GIC and Greystar on the purchase of Student Roost, the U.K.’s third largest purpose-built student accommodation provider. 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 cross-practice Linklaters team was led by corporate partner Tom Watkins, managing associate Alex Lehtinen and associate Ankita Sodha. Partner, Global Head of Real Estate, Andy Bruce and Managing Associate, Kate Pearson led on real estate aspects, whilst Partner Chris Smale and Managing Associate, Alexei Franks led on tax.