student property - knight frank · the knight frank student property team is the foremost in the...
TRANSCRIPT
STUDENT PROPERTY
CONNECTING PEOPLE & PROPERTY, PERFECTLY.
KNIGHT FRANK, STUDENT PROPERTY 1
INVESTMENT IN HIGHER EDUCATIONKnight Frank’s Student Property team is able to provide sector specific advice focused on identifying, creating and optimising value for a broad range of stakeholders.
We act for a wide spectrum of clients including universities, institutional investors, lenders, developers, private land owners and charities.
Drawing on the Knight Frank global network, our team based in London provides property solutions for local, national and global projects. Our track record includes advising on the sales, valuations and development of key strategic urban regeneration sites, as well as operational and established student accommodation assets and portfolios.
As the largest London based Student Property team, Knight Frank provides a full range of services including:
• Capital Markets• Valuation• Development consultancy• Development funding solutions• Financial modelling• Sector research• Estates strategy• Expert witness• Facilities management assessment• Institutional requirement assessment• Value engineering• Building surveying
James PullanHead of Student Property
KNIGHT FRANK, STUDENT PROPERTY 3AGENCY
01 THE QUILL, LONDON
Client: InvestreamStudents: 470Activity: Knight Frank acted for the vendors
in the sale of the land with benefit of planning
permission for 470 bedrooms to Greystar.
Value: Confidential
March 2017
AGENCY.
KNIGHT FRANK, STUDENT PROPERTY 5AGENCY
03 MARKET INCOME PORTFOLIO
Client: Liberty Living
Students: 1,519
Activity: Knight Frank acted for the vendors in the sale of
the portfolio of six assets in Preston, Sheffield and Stoke.
Value: £53.8m
March 2017
02 ORIENT HOUSE, LONDON
Client: Imperial College London
Students: 184 Activity: Knight Frank acted for the vendors in the sale
of the asset to UBS.
Value: £31.5m
February 2017
KNIGHT FRANK, STUDENT PROPERTY 7AGENCY
04 ASTON STUDENT VILLAGE, BIRMINGHAM
Client: Lloyds Bank
Students: 3,067
Activity: Knight Frank acted for the vendors
as joint agents to sell the largest single student
accommodation asset ever transacted.
Value: £227m
February 2017
KNIGHT FRANK, STUDENT PROPERTY 9AGENCY
06 ST MUNGOS, GLASGOW
Client: Raphael Property Investment Co Ltd
Students: 350
Activity: Knight Frank acted for the vendors in the
sale of the development site to Watkin Jones Group.
Value: £4.25m
July 2016
05 BRAEMAR PORTFOLIO
Client: Braemar Estates (Residential) Limited
Students: 519 Activity: Knight Frank acted for the vendors in the sale
of the portfolio of assets in Bristol, Manchester and
Newcastle to Centurion Corporation.
Value: £20.1m
June 2016
KNIGHT FRANK, STUDENT PROPERTY 11AGENCY
07 DASHWOOD AND LEODIS
Client: Rockspring Property Investment Managers LLP
Students: 951
Activity: Knight Frank acted for the vendors in the sale
of the two operational assets (Leeds and London) to
Arlington Advisors Limited.
Value: £85.5m
August 2016
08 GODIVA PLACE, COVENTRY
Client: Regents Godiva
Students: 769 Activity: Knight Frank acted for the vendors in the sale of
the forward fund, with a 30 year university lease, to Aviva.
Value: £74.5m
June 2016
KNIGHT FRANK, STUDENT PROPERTY 13AGENCY
09 CHURCH STREET, DUBLIN
Client: Mortar Developments
Students: 217
Activity: Knight Frank acted for the vendors
in the sale of the forward fund to Valeo.
Value: £30m
July 2016
KNIGHT FRANK, STUDENT PROPERTY 15AGENCY
11 OPTIMA, LOUGHBOROUGH
Client: Aprirose Limited Students: 61Activity: Knight Frank acted for the vendors in the sale of the asset
subject to a 14 year lease to Atlas Land Ltd.
Value: £5.95m
May 2016
10 KENSINGTON HOUSE, BIRMINGHAM
Client: Birmingham Properties Group
Students: 110
Activity: Knight Frank acted for vendor in disposal of the freehold asset.
Value: £13.3m
December 2016
KNIGHT FRANK, STUDENT PROPERTY 17VALUATIONS
12 CHAPTER PORTFOLIO, LONDON
Client: PSP Investments
Students: 3,955
Activity: Valuation of the Chapter Portfolio for PSP
Investments. The portfolio comprises 3,955 student
beds across assets located in Central London.
VALUATIONS.
KNIGHT FRANK, STUDENT PROPERTY 19VALUATIONS
14 GCP STUDENT LIVING PLC, UK
Client: GCP Student Living Plc
Students: 2,378
Activity: We provide quarterly valuations for the UK’s first
student accommodation Real Estate Investment Trust.
Frequency: Quarterly
13 BLACKROCK STUDENT HOUSING UNIT TRUST, UK
Client: Blackrock Student Housing Unit Trust, UK
Students: 2,400
Activity: We provide quarterly valuations to the Fund on six operational
properties located throughout the UK.
Frequency: Quarterly
KNIGHT FRANK, STUDENT PROPERTY 21VALUATIONS
15LIBERTY LIVING PORTFOLIO, UK
Client: CPPIB
Students: 20,000
Activity: Biannual valuation of the Liberty Living Portfolio
comprising 49 assets across the UK.
Frequency: Biannual
16 IQ PORTFOLIO – PROJECT VERO
Client: Bank of America Merrill Lynch International Limited
Students: 5,300
Activity: Valuation for BAML of 14 properties within
the Greystar/Goldmans Portfolio.
KNIGHT FRANK, STUDENT PROPERTY 23VALUATIONS
17 ATHENA PORTFOLIO, UK
Client: Wells Fargo Bank
Students: 11,000
Activity: Valuation for Wells Fargo Bank
of 22 properties within the Greystar/Goldmans Porfolio.
KNIGHT FRANK, STUDENT PROPERTY 25VALUATIONS
19 STUDENT CASTLE, BATH
Client: HSBC Bank Plc
Students: 183
Activity: Valuation of the Student Castle development in Bath.
Once complete the scheme will provide 183 student bedrooms.
18 WESTMINSTER PLACE, LONDON
Client: LaSalle Investment Management
Students: 1,143
Activity: Valuation of the Urbanest operational scheme in Westminster,
including 1,143 student bed spaces and educational space.
KNIGHT FRANK, STUDENT PROPERTY 27VALUATIONS
20 BELGRADE PLAZA, COVENTRY
Client: HSBC Bank Plc
Students: 597
Activity: Valuation of the Downing
Student development in Coventry.
Once complete the scheme will provide
597 student bedrooms.
21 MILL STREET, DUBLIN
Client: Bank of Ireland
Students: 296
Activity: Valuation of the GSA development
(Mill Street) in Dublin. Once complete the
scheme will provide 296 student bedrooms.
22 ULSTER BANK, DUBLIN
Client: Ulster Bank
Students: 572 Activity: Valuation of the GSA
development (Brunswick Street) in Dublin.
Once complete the scheme will provide
572 student bedrooms.
23CURLEW PORTFOLIO
Client: RBS/Barclays
Students: 1,006
Activity: Valuation of a portfolio of five
developments being forward funded by Curlew.
KNIGHT FRANK, STUDENT PROPERTY
OUR PEOPLE GLOBAL FOOTPRINTThe Knight Frank Student Property team is the foremost in the sector. We act for a broad range of clients who regard us as ‘highly professional’ and well informed experts within the sector. Our development consultancy experience encompasses redesigning schemes, financial engineering, promoting new design concepts and supporting planning applications.
Our specialist valuation team values more purpose built student accommodation than any other consultancy. We undertake a range of loan security and accounts valuation work for key lenders, operators and funds.
Our team of agents are best-in-class in the sector with a track record that boasts transactions of trophy assets, operational portfolios, development sites and forward funds.
James Pullan Partner, Head of Student PropertyT: +44 207 861 5422E: [email protected]
Rachel PengilleyPartnerT: +44 207 861 5418E: [email protected]
James WoolleyAssociateT: +44 207 861 5448E: [email protected]
Jonathan GoodePartnerT: +44 203 897 0034E: [email protected]
Merelina MonkPartnerT: +44 207 861 5425E: [email protected]
Katy HowesGraduateT: +44 203 640 7028 E: [email protected]
John HolleySurveyorT: +44 207 861 1185E: [email protected]
Rupert StruttSurveyorT: +44 207 861 1554E: [email protected]
Neil ArmstrongPartnerT:+44 207 861 5332E: [email protected]
Toni DanielsPersonal AssistantT: +44 203 897 0019E: [email protected]
Sarah JonesAssociateT: +44 207 861 1277E: [email protected]
Rupert DownesAnalyst/GraduateT: +44 207 861 5403E: [email protected]
Matt BowenAssociateT: +44 117 945 2641 E: [email protected]
Catherine PurkissGraduateT: +44 207 861 5274E: [email protected]
Anna IsworthTeam SecretaryT: +44 207 861 1205E: [email protected]
Merrick Rimmer Partner T: +44 20 7861 1115 E: [email protected]
© Knight Frank LLP 2017 – This report is published for general information only and not to be relied upon in any way. Although high standards have been used in the preparation of the information, analysis, views and projections presented in this report, no responsibility or liability whatsoever can be accepted by Knight Frank LLP for any loss or damage resultant from any use of, reliance on or reference to the contents of this document. As a general report, this material does not necessarily represent the view of Knight Frank LLP in relation to particular properties or projects. Reproduction of this report in whole or in part is not allowed without prior written approval of Knight Frank LLP to the form and content within which it appears. Knight Frank LLP is a limited liability partnership registered in England with registered number OC305934. Our registered office is 55 Baker Street, London, W1U 8AN, where you maylook at a list of members’ names.
AGENCY
VALUATIONS
BUILDING CONSULTANCY & RESEARCH
Josh WoolleySenior SurveyorT: +44 207 861 5152E: [email protected]