Dentons has advised Aristotle (RQ) Limited, owned by a Singapore private trust, on the purchase of newly constructed purpose built student accommodation and the negotiation of a management agreement with Torsion Students Ltd.. The Red Queen accommodation is near to the University of Warwick’s main campus, and was acquired for £20.75 million. The newly constructed property was completed in September 2020 with 210 en-suite bedrooms over 5 floors and several communal spaces including a study area, gym, cinema and lounge.
Simon Masri said, “We are delighted to have advised Aristotle (RQ) Limited on this strategic investment, which positions the investor group favourably among the rising demand for purpose built student accommodation in the UK.’
UK Real Estate partner Simon Masri led on the matter for Dentons, with support from Real Estate senior associate Laura Gowing and associate Varun Devesher, Energy, Transport and Infrastructure senior associate Bruce Hale, Real Estate team support manager Melanie Blanchard, People, Reward and Mobility senior associate Verity Buckingham, Tax counsel Alastair MacLeod and Tax associate Nicholas Villalta
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