24th October 2018
We are pleased to announce that a consortium led by social infrastructure investor Equitix, to whom DWPF is acting as financial adviser, has been selected as preferred bidder for Kingston University’s Residences Project.
The envisaged 50-year Design-Build-Finance-Operate contract comprises the refurbishment of circa 1,300 existing student rooms across three sites, enabling the University to achieve its ambition of significantly improving the quality of its student accommodation offering. The project will also see Equitix further enhancing their standing as a leading investor in the UK student accommodation sector. DWPF will continue to provide financial advice and modelling services to the Equitix-led consortium with financial close scheduled for 2019.
Ramon Sequeira, Director at DWPF said, “We are pleased to have supported Equitix and its partners in producing a winning bid for this significant project and now look forward to assisting the process to a successful financial close ”.