Akshay Rao

• Lendlease and Canada Pension Plan Investment Board (CPP Investments) joint venture on the c. GBP 500 million divestment of its UK build-to-rent asset portfolio to Greystar. The transaction represents one of the largest ever single asset build-to-rent disposals in the London market.
• A consortium of private equity investors on the GBP218m disposal of a 50% interest in Manchester Arndale.
• Verne on the sale of Volta Data Centres to Arcus Infrastructure Partners.
• A global alternative asset manager on its EUR400m investment in a European urban lifestyle hospitality platform.
• A sovereign wealth fund on a joint venture with Ares for the establishment of a European real estate credit platform.
• A sovereign wealth fund on the disposal of its majority equity stake in Liverpool One.
• A global financial institution on the acquisition of 140 Aldersgate.

Relevant experience prior to joining A&O Shearman includes advising: 

• Apollo on its acquisition of a UK purpose-built student accommodation portfolio and associated management arrangements.
• KKR, including on:
  • its joint venture with Apache Capital to establish a GBP1.7bn UK build-to-rent investment platform. 
  • its majority investment in “TBC.London”, FORE’s office development adjacent to Tower Bridge. 
  • its joint venture with Moda Living to establish a UK build-to-rent residential investment platform. 
  • its joint venture with Palm Capital to establish an Irish industrial and logistics asset platform.
  • the establishment of a pan-European logistics development platform with operating partner and co-investor, Mirastar, including its acquisition of a majority stake in Mirastar and associated management arrangements.
  • its sale of a portfolio of European student housing developments. 
• A US REIT on two major corporate restructures and associated UK care home management and operating arrangements. 
• Arvelle Therapeutics on its sale to Angelini Pharma for USD960m. 
• Spectrum Brands Holdings, Inc. (NYSE: SPB) on its USD187m acquisition of Armitage Pet Care Ltd. 
• CBOE Global Markets, Inc. on its acquisition of Chi-X Asia Pacific. 
• Donnelley Financial Solutions (NYSE: DFIN) on its acquisition of Guardum. 
• Allianz Real Estate on its AUD500m investment into a portfolio of student accommodation facilities in Australia through the Scape Australia Joint Venture 2 Fund. 
• The Australian Football League on its acquisition and redevelopment of Melbourne’s Marvel Stadium. 
• Merlin Entertainments on the sale of its Australian ski resorts, Hotham and Falls Creek, to Vail Resorts.