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Deal Date: 03-01-2019 Practice Area: Real Estate
Deal Title: Samsung Life Sale of 30 Gresham Street, London Industry: Real Estate Investment & Services
Clifford Chance advised Samsung Life, the largest insurance company in South Korea, on its sale of 30 Gresham Street for a price in excess of GBP400m to the joint venture of two Hong Kong based developers, Wing Tai Properties and Manhattan Garments. The c.400,000+ square feet prime commercial property in the City of London, comprised of office and retail space, being the London headquarters of Commerzbank and European headquarters of Investec.
Financial Center: London Value: 500.01-1000.00
Advised Party: Seller Law Firm
Real Estate Jurisdiction United Kingdom Purchaser Jurisdiction Hong Kong
Classification: Real Estate Acquisitions and Disposals Office
Lawyer Mark Payne