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Eversheds advises Bangor University on multi million pound University Accommodation PPP

  • United Kingdom

    30-07-2014

    Law firm Eversheds has advised Bangor University on the procurement of a new multi million pound student accommodation development, which will see the provision of 600 units together with associated facilities at its St Mary’s campus from September 2015.

    The agreement has been awarded to a consortium comprised of developer Cityheart Limited and services provider CRM Limited with Vinci Construction UK as construction contractor. Institutional investor M&G is providing funding to the project.

    The Eversheds team was led by infrastructure partner Jackie Heeds, alongside associate Mike Turner, construction legal director Chris Henshaw and real estate principal associate Charlotte Tanikal.

    PWC were the financial advisers and Gleeds were the technical advisers on the project.

    Jackie Heeds commented:

    “This is a huge achievement for the University which will bring benefits to not only the University but to the students as well, both UK and international, who will be able to enjoy the wider student experience.”

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