Nabarro acts on £132.75 million real estate acquisition for Great Portland Estates
16 September 2011
The Real Estate team at Nabarro has exchanged on a £132.75 million acquisition of 200 and 214 Gray's Inn Road, a grade A office block currently leased to four tenants including Carlton Communications and ITN.
Real estate partner Caroline Maude led the team acting for The Great Ropemaker Partnership - a joint venture between Great Portland Estates and The BP Pension Fund - on the Gray’s Inn Road acquisition from Beacon Capital.
Caroline was supported by Nathan Rees and Alan Crawford (real estate), Simon Rose and Daniel Kennedy (tax), Claire Eccles (planning) and Tom Marke (construction).
Commenting on the acquisition, Nabarro partner Caroline Maude said:
“Nabarro has made its name by putting together teams that can deal with every detail of large real estate transactions quickly and efficiently, no matter how complex. This acquisition highlights how our strength in the investment sector matches what we do in the development arena and demonstrates the versatility that major clients like Great Portland Estates rely upon and trust.”
Linklaters advised Beacon Capital on the Gray’s Inn Road sale.
For further information, please contact:
Alex Bellinger
PR & E-Communications Manager
a.bellinger@nabarro.com
T: 020 7524 6391
