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Deal Date: 30-01-2017 Practice Area: Real Estate
Deal Title: Brookfield Property Partners Sale of Principal Place Stake Industry: Real Estate Investment & Services
Description:
Linklaters advised Brookfield Property Partners on the sale of a 50% stake in the Principal Place development to the Italian asset management company Antirion SGR. The deal was based on a total valuation for the office and retail portion of the development of GBP763 million. The 621,000 sq. ft. Principal Place office building is situated on the border of the City of London and Shoreditch and was to be occupied by Amazon UK.
Financial Center: London Value: 500.01-1000.00
Advised Party: Seller Law Firm
Real Estate Jurisdiction United Kingdom Purchaser Jurisdiction United Kingdom
Classification: Real Estate Acquisitions and Disposals Mixed-Use Schemes
Lawyer Simon Price