Travers Smith LLP has advised Student Roost on its acquisition of One Medlock, Manchester from Whitbread PLC.
The site will be developed by Greystar and see the construction of a purpose-built student accommodation tower in Manchester. The 37-storey building will comprise 1,014 student beds and 13,000 sq ft of resident amenities including a gym, yoga studio, quiet study areas, meeting spaces, screening rooms, shared lounges, and games rooms.
The Travers Smith real estate team was led by Partner Alex Millar, Senior Associate Chris Towland and Associates Hattie Assmundson and Amy Bridger. Additional specialist advice was provided by Head of Planning Jamie McKie and Associate Matthew Williams, Head of Construction Ed Colclough and Head of Tax Russell Warren and tax Associate Jessica Baker.