Sheffield Deal Is Fifth Since Appointing Irwin Mitchell
The Real Estate team at Irwin Mitchell in Sheffield has announced that it has completed over £100m of property acquisitions in just five months for its client, the Mansion Student Accommodation Fund (MSAF).
Listed on the Channel Islands Stock Exchange and authorised by the Guernsey Financial Services Commission, MSAF was established by The Mansion Group Limited in partnership with Dartmoor Capital Management Limited and specialises in the acquisition of purpose-built halls of residence in some of the UK’s largest towns and cities.
Since being appointed Irwin Mitchell has provided MSAF with legal advice in relation to the acquisition of two properties in London, one in Edinburgh and one in Liverpool.
The latest completion, which takes the total value of deals over £100m, is for Rockingham House on Rockingham Street in Sheffield’s City Centre.
Andrew Wallis, an Associate Solicitor in Irwin Mitchell’s Real Estate team in Sheffield, said: “This latest acquisition in Sheffield illustrates MSAF’s commitment to building up a portfolio of high quality student accommodation and its recognition that despite increasing tuition fees, demand within the UK’s top universities will continue.
"We are delighted to have advised it on £100m worth of acquisitions and look forward to working with MSAF in the future as it continues to realise the fund’s growth ambitions.”