Crédit Agricole CIB Secures €700M Financing Deal for Livensa Living Acquisition
Deal News | Jun 24, 2025 | Uría Menéndez
Uría Menéndez, a prominent law firm, has advised Crédit Agricole Corporate & Investment Bank on securing approximately €700 million in financing for the acquisition of Livensa Living by Nido Living. This acquisition is notably one of the largest transactions within the Iberian real-estate sector, significantly enhancing Nido Living’s position as a key integrated student accommodation operator across Europe. The legal advisory was led by Luis Jiménez, a finance partner at Uría Menéndez, with extensive collaboration from over 30 lawyers across their Spanish and Portuguese offices, integrating efforts with British firm Slaughter and May and Luxembourg's Elvinger Hoss Prussen for comprehensive legal support. This transaction underscores significant movement and consolidation within the student accommodation market in Europe.
Sectors
- Real Estate
- Finance
- Legal
Geography
- Iberia – The transaction is significant in the Iberian region, involving entities and legal support from Spain and Portugal.
- Europe – Nido Living seeks to fortify its presence as an integrated student accommodation operator across Europe through this acquisition.
- Luxembourg – Involvement of Elvinger Hoss Prussen for Luxembourg law signifies cross-border legal compliance and structuring.
Industry
- Real Estate – The transaction involves significant real estate assets as it pertains to the acquisition of a student housing platform in the Iberian region.
- Finance – The acquisition's financing aspect, handled by Crédit Agricole CIB, underlines the role of investment and corporate banking in facilitating large-scale real estate transactions.
- Legal – Uría Menéndez and its partners provided legal advisory services for structuring and facilitating the acquisition's financing.
Financials
- €700 million – Financing amount secured for the acquisition of Livensa Living.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Crédit Agricole CIB | Bookrunner and Financing Advisor | Company | Crédit Agricole CIB provided the financial structure to support the acquisition of Livensa Living. |
| Livensa Living | Target Company | Company | A student accommodation group that is the subject of acquisition by Nido Living. |
| Nido Living | Acquirer | Company | A leading student accommodation platform backed by the Canada Pension Plan Investment Board. |
| Uría Menéndez | Legal Advisor | Company | Law firm providing advisory legal services for the transaction. |
| Slaughter and May | Legal Advisor | Company | British law firm collaborating with Uría Menéndez on the transaction. |
| Elvinger Hoss Prussen | Legal Advisor | Company | Legal firm advising on Luxembourg law for the transaction. |
| Luis Jiménez | Finance Partner | Person | Uría Menéndez finance partner who led the transaction advisory team. |