Summary:
- Legal firm Macfarlanes advised L&G’s Student Living Ltd fund on acquiring Stanley Studios, a purpose-built student accommodation asset in Southampton, for £43 million from Brookfield Asset Management.
- Stanley Studios comprises 245 rooms, including 177 studio apartments and 68 two-bedroom units, and offers extensive amenities such as a private lounge, study room, library, dining room, cinema, gym, and games room.
- The acquisition highlights continued institutional demand for premium student housing in key university cities with constrained development pipelines, reinforcing L&G’s strategic growth in the sector.
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