EDUCATION Private Partnerships, “DBFOs” and Joint Ventures We are at the forefront of innovation in this sector and are leading on innovative structures including disaggregated procurements and incremental partnerships for additional phases, which can be tailored to meet specific university requirements. Private sector investment in “on-campus” university accommodation is growing Universities seeking to preserve core funding for academic investment & transfer risk. Increasingly sophisticated structures can deliver other student and academic facilities, including refurbishment of existing assets. We are the most experienced deal team in the sector, having led most of the Design, Build, Finance and Operate (“DBFO”) projects. There is strong appetite from private sector operators and investors for the opportunity to partner with Universities to deliver accommodation – providing deals are appropriately structured. Projects generally based on a 30-50 year concession agreement, which gives University the right (but not obligation) to nominate. Deal structure and objectives can be tailored to meet specific University requirements. Possible Rationale for Partnering: Increase university-controlled bed supply Raise ‘off-balance sheet’ funding and retain borrowing capacity for academic investment Generate a capital receipt Transfer risk to the private sector and use their expertise Refurbish existing accommodation stock Improve student experience and deliver amenities such as gyms or a new student union How we can help: Initial financial modelling of options & potential outcomes Commercial structuring advice Demand & feasibility analysis Preparing tender documentation Establishing framework for demand risk transfer Financial advice through all stages of procurement to transaction close Optimising of project financial model and bidders’ funding solutions Project management For further information contact: Kingston University – Residences Partnership 17th July 2020 QMPF acted as financial advisor to Kingston University on agreeing a £100m+ partnership with Kingston Student Living (“KSL”) to redevelop and operate 1,216 bedspaces within its student accommodation portfolio. Read More University of York – £120m PP 18th December 2018 QMPF advised the University of York on its successful £120m private placement. The deal attracted strong interest from investors and was heavily oversubscribed, reflecting both the University’s recent successes and future prospects. Read More St Modwen: Swansea – Navitas accommodation disposal 3rd December 2019 QMPF was the lead advisor to St. Modwen Properties plc, on the sale of its 411 bed purpose-built student accommodation asset to UPP. Read More QMPF LLP Exchange Place 3 Semple Street Edinburgh EH3 8BL +44 (0)131 222 2600 info@qmpf.co.uk SERVICES Financial Modelling Debt Advisory Public Private Partnerships Project Finance M & A Options Appraisal SECTORS Education Energy Infrastructure Real Estate NEWS OUR PEOPLE ABOUT US CONTACT US CONNECT WITH US SIGN UP FOR OUR FORTNIGHTLY MARKET UPDATE Copyright 2019 QMPF LLP | Terms & Conditions | Disclaimer QMPF LLP is authorised and regulated in the United Kingdom by the Financial Conduct Authority, registration no. 596081 Created by Shaw We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies. Cookie settings ACCEPT