Arlington Advisors has today reached financial close on the acquisition of Dashwood Studios and Leodis Student Residences, comprising student accommodation sites in London and Leeds.

With a combined capacity of 951 rooms, the acquisition of these sites from Rockspring takes its total holdings to nearly 7,800 beds. Each acquisition has been financed separately using a combination of fixed rate and index linked elements.

On behalf of Arlington Advisors, Operis was pleased to provide financial model due diligence for the transaction, which included a tax & accounting review of the model.

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