£25m Lincoln Student Accommodation Deal Completed
A leading Yorkshire law firm has announced the completion of a deal which will see the development of a multi-million-pound student accommodation scheme in Lincoln.
UK Top 200 corporate law firm, Shulmans LLP, has announced the legal completion on behalf of developer Blocwork LLP for the redevelopment of the former 179 High Street site in Lincoln. The deal is worth in excess of £25 million.
The complex nature of the transaction meant that the legal team handled the site acquisition and forward funding in favour of Legal and General, alongside establishing a joint venture company to deliver the development and exchanging an Agreement for Lease for a pre-let of whole to the University of Lincoln. Kate Johnson, Associate in the Shulmans Commercial Property unit, led the team with Jayne Smiles leading on the construction elements …