DTZ advises Leeds University on £62.3 million acquisition of Central Village

Global property services firm DTZ has advised the University of Leeds on its £62.3 million 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. T

he 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.

Andrew TC Smith, senior director at DTZ comments: “We’ve worked with the University to improve the quality and asset performance of their residences. This is a great purchase benefitting the institution and its students.”

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.”

Legal advisers were Eversheds for the University and DLA Piper for Downing.

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