Nabarro advises Aberdeen Immobilien on £60 million Alder Castle sale
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Nabarro news > Nabarro advises Aberdeen Immobilien on 60 million Alder Castle sale
15 June 2011
Nabarro has acted for German open-ended real estate firm Aberdeen Immobilien on the reported £60 million sale to Aviva Investors of prime City office building, Alder Castle.
The 92,000 square feet EC2 property was originally bought by Aberdeen Immobilien from Henderson Global Investors in 2003 for its open ended DEGI International fund.
Real estate partner Deborah Parry, who led the Nabarro team, said:
"The demand for high quality city office space remains strong. I am delighted Nabarro has been able to continue supporting a long-standing client on the sale of this asset. The Firm has acted for Aberdeen Immobilien on all its major acquisitions and sales in the UK since the early 1990s."
Deborah Parry was supported by senior associate James Letchford and associate Gunraj Arora.
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