Law firm Eversheds has advised the University of Leeds on its £62.3m acquisition of Phases 1 and 2 Central Village, Calverley Street, Leeds which completed in September 2014.

Phases 1 and 2 comprise 980 high quality student rooms arranged in flats of 5 and 6 units, together with a small ratio of studios. The scheme is arranged in 4 properties and includes a new convenience store let to Tesco. The properties have recently been developed by Downing and are located close to Leeds city centre, adjoining the University’s main teaching campus.

The Eversheds team was led by Principal Associate Tracy Gibson.

Tracy commented:

“This is a strategic acquisition which will help the university to cater for the growing demand for high quality student accommodation. We wish the university every success with this project.”

Dennis Hopper, Director of Facilities Management at Leeds University added:

“This is an important acquisition for the University as part of its strategy to review and improve the quality of all residences for its students.”