Leading international law firm Herbert Smith Freehills has advised long standing client, Brigid Investments Limited (Brigid Investments) on the re-financing of its portfolio of c. 730 retirement apartments across the United Kingdom.

Brigid Investments, an infrastructure investor, is wholly owned by John Laing, a portfolio company of Kohlberg Kravis Roberts & Co (KKR).  John Laing acquired its interest in the Brigid Investments business in a joint venture with Macquarie Capital in 2021 and became the 100 per cent owner in 2022.

The Herbert Smith Freehills team was led by partners Carolyn Milligan and Jeremy Walden, with support from senior associate Adam Hooton and associate Tom Shattock.

Partner Carolyn Milligan commented: “We are proud to have assisted Brigid Investments on this refinancing that will support the success of its retirement living business. The transaction further reinforces our “real assets” approach to investors that cross traditional sector and asset class boundaries.“