WBD has advised Grainger plc on the forward funding of a key build-to-rent development project at Sweet Street, Leeds which will be developed by Oakapple Group.
This 216 apartment build-to-rent project forms part of the Holbeck Urban Village which is a key area of the south bank regeneration initiative. The twelve storey development includes a range of contemporary one bed, two and three bedroom apartments which are being built specifically for the rental market, together with basement car parking and residents facilities.
Established in Newcastle upon Tyne in 1912, Grainger plc the UK’s largest listed residential landlord and a market leader in the UK build to rent and private rented sector.
Julia Dacre Field (Picture), Partner in the Real Estate team at WBD, led on the transaction with a team composed of Dale Armstrong, Associate in Real Estate; Ian Atkinson, Partner in Construction; James Garbett, Managing Associate in Planning; Lee Parbery, Managing Associate in Tax; and Fiona Graham, Managing Associate in Property Litigation.
Involved fees earner: Dale Armstrong – Womble Bond Dickinson; Ian Atkinson – Womble Bond Dickinson; Julia Field – Womble Bond Dickinson; James Garbett – Womble Bond Dickinson; Fiona Graham – Womble Bond Dickinson; Lee Parbery – Womble Bond Dickinson;
Law Firms: Womble Bond Dickinson;