Practice Areas - Real Estate Law Firms and Lawyers
| Deal Date: | 22-02-2013 | Practice Area: | Real Estate |
| Deal Title: | Hines sale of One Grafton Street, London | Industry: | Real Estate Investment & Services |
| Description: |
Clifford Chance has advised Hines on the GBP70m sale of One Grafton Street, a 35,000-square-foot building in Mayfair, to Pembroke Real Estate via a Luxembourg limited partnership vehicle. One Grafton Street is fully occupied, having secured its final letting to AXA Private Equity UK Limited in November 2012, and commands some of the highest rents in the West End in the current cycle.
The Clifford Chance deal team was led by Real Estate Partner Mark Payne, supported by senior associate Nick Redman and trainee Robert Donell with tax advice provided by partner David Saleh and senior associate Alastair Alderton. The firm also advised on Luxembourg aspects.
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| Financial Center: | London | Value: | 0.00-100.00 |
| Advised Party: | Seller | Law Firm | Clifford Chance |
| Real Estate Jurisdiction | United Kingdom | Purchaser Jurisdiction | United Kingdom |
| Classification: |
Real Estate Acquisitions and Disposals Office |
Lawyer | Mark Payne |
