https://delivery-p150664-e1601913.adobeaemcloud.com/adobe/assets/urn:aaid:aem:be388a51-d2bf-467e-8ccb-7062c037817b/as/NEWS-US00009.avif?assetname=NEWS-US00009.jpg
alternative text
alternative text secondary
Press release | 1 MIN READ
Shoosmiths advises Aareal Bank on £65m green loan
false
aiSummary
Summarise with AI
AI summary
/content/shoosmiths/index
Summarise with AI
title
true
Modal title
medium
17B078

Law firm Shoosmiths has advised Tenpin Entertainment, backed by Trive Capital, on its acquisition of Fairgame, an immersive leisure company with operations in the UK and US.

Published: 9 December 2025

Scape is a leading developer, owner and operator of purpose-built accommodation for students across the UK and internationally. The company is focused on supporting both academic success and community living with a growing portfolio that spans thousands of beds across key university cities. Scape’s work is underpinned by a commitment to long-term investment in sustainable living and to enhance the student experience.

The green loan backs a recently completed student tower in Leeds, UK, called Scape Leeds, the company’s flagship asset that houses 693 beds.

Shoosmiths acted as legal advisor to Aareal Bank for the loan.

The Shoosmiths team was led by James Salford, partner in the Banking & Finance team, specialising in real estate both in the UK and internationally. Salford was supported by principal associate Charlie White, senior associate Thomas Stofer, and associate Celeste Thwaites.

Salford said: “We’re pleased to have supported Aareal’s long-term commitment to ESG-focused lending and to backing sustainable living. Shoosmiths plays a key role in facilitating green agreements and this loan builds on our strong track record advising businesses through a range of deals.”