Clifford Chance, Gibson, Dunn & Crutcher, Garrigues, and Stibbe have played pivotal roles in advising on the significant €1.2 billion sale of Livensa Living, a portfolio of student housing properties across Iberia, to Nido Living, a student accommodation platform backed by Canada Pension Plan Investment Board. Notable contributions came from Gibson Dunn’s real estate partners, including Jeremy Kenley, who led the charge for Brookfield, while Clifford Chance’s team under Carlos Portocarrero guided Nido Living. The transaction underlines robust institutional interest in European student accommodations, especially within Iberian key university regions.
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