Cuatrecasas advises Xior on €58M student residence buy

Cuatrecasas has provided legal advice to Xior Student Housing on the acquisition of a student residence in Campo Pequeno, Lisbon, from the TPG and Round Hill Capital groups, for approximately 58 million euros. Xior Student Housing is a Belgium-based, publicly traded company specializing in the acquisition and operation of student residences in various European cities.

The acquired residence has 380 rooms spread over five floors, with a total gross building area of about 17,000 square meters. The building is the result of a joint venture between TPG and Round Hill Capital. Previously, Cuatrecasas had also provided advisory services to Xior in the sale of two student residences: the Odalys Campus Porto Granjo Centro in Porto and the Odalys Campus Lamas in Lisbon.

The advisory team

The multidisciplinary team from Cuatrecasas involved in the advisory was coordinated by lawyer Sara Quaresma (pictured) from the Real Estate and Urban Planning area, and included Gonçalo Nogueira and David Pratas Brito, lawyers from the same area, and Ana Helena Farinha and Tiago Martins de Oliveira, from the Tax area. The team also included lawyers from the Corporate and M&A, Financial, Intellectual Property, and Data Protection areas.