Acquisition of the Urban Study portfolio by Pandonco Limited

Deal typePrivate Equity & Transaction Services
IndustryReal Estate
Client nameGrace HoldCo Limited
Grace Real Estate Partners, through Pandonco Limited, acquired the Urban Study portfolio which comprised three purpose built student / young professional accommodations located in Newcastle city centre. 

The portfolio totals 354 self-contained studio units benefiting from proximity to key amenities, major transport links, leading universities and core employment zones.

Grace Real Estate Partners is an independent, UK-based investment management firm with a fully integrated operating platform. The acquisition of the Urban Study portfolio takes the number of units held in the North-East region to over 830 units.

BDO provided financial and tax due diligence, tax structuring and SPA review services in support of the acquisition.

The project team included:
Transaction Services: Craig Martin, Andrew Porteous, Greg Wilson
Tax: Ed Peters, Josh Dover
SPA: Laurence Mills