Key Facts

UPP has over 15 years specialist experience in the UK student accommodation market, delivering sustained growth and strong revenues, with average accommodation occupancy in excess of 99 per cent since inception.

Financial year ended 31 August 2015:

  • Turnover up 0.6% from £134.4m to £135.2m
  • EBITDA up 14.2% from £63.5m to £74.0m
  • Occupancy at 99.5%
  • Total rooms under management or in construction at 30,000
  • Long term partnerships with 14 leading UK universities

Monitoring Advisor

Bishopsfield Capital Partners, 200 Aldersgate, London EC1A 4HD

Arrangers and Dealers

Barclays Bank plc
5 The North Colonnade, Canary Wharf, London E14 4BB

The Royal Bank of Scotland plc
135 Bishopsgate, London, EC2M 3UR

UBS Limited
1 Finsbury Avenue, London, EC2M 2PP

RBC Europe Limited
Riverbank House, 2 Swan Lane, London EC4R 3BF

Mitsubishi UFJ Securities International plc
Ropemaker Place, 25 Ropemaker Street, London EC2Y 9AN

Legal Advisors

To the Issuer Obligors and each AssetCo as to English law;

5 The North Colonnade, Canary Wharf, London E14 4BB

Addleshaw Goddard LLP
Milton Gate, 50 Chiswell Street, London, EC1Y 4AG

To the Arranger, the Dealers, the Issuer Note Trustee, the AssetCo Security Trustee and the Issuer Security Trustee as to English law;

Clifford Chance LLP
10 Upper Bank Street, London, E14 5JJ


Auditor

To the Issuer

UHY Hacker Young Group
Quadrant House, 4 Thomas More Square, London, E1W 1YW

Principal Paying Agent, Transfer Agent and Agent Bank

Elavon Financial Services Ltd
5th Floor, 125 Old Broad Street, London, EC2N 1AR

Issuer note trustee, AssetCo security trustee and issuer security trustee

U.S. Bank Trustees Limited
5th Floor, 125 Old Broad Street, London, EC2N 1AR

Registrar

Elavon Financial Services Limited

Block E, Cherrywood Business Park
Loughlinstown, Dublin Ireland

Irish Listing Agent

Arthur Cox
Earlsfort Centre, Earlsfort Terrace, Dublin 2, Ireland