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Deal Date: 20-08-2014 Practice Area: Real Estate
Deal Title: Legal and General Sale of Eight Hyperion Portfolio Properties Industry: Real Estate Investment & Services
Description:
Slaughter and May advised Legal and General on the sale of eight properties from its Hyperion portfolio. The Hyperion portfolio was acquired earlier this year for GBP550 million and comprised 55 properties largely let to RBS or members of its group. Legal and General has sold the Coutts headquarters at 440 Strand for GBP175 million, 97 New Bond Street for GBP18.8 million, 28 Cavendish Square for GBP5.35 million, sites in Wakefield, Salford and Rutherglen for GBP10.4 million, 2-4 Lower O'Connell Street, Dublin for EUR11.4 million and Lee House, Enfield for GBP6.1 million. Real Estate: Jane Edwarde (partner), Andrea Shepherd (associate), Oliver Moir (associate), Mark Gulliford (associate), Emily Makin (trainee).
Financial Center: London Value: 100.01-500.00
Advised Party: Seller Law Firm
Real Estate Jurisdiction United Kingdom Purchaser Jurisdiction United Kingdom
Classification: Real Estate Acquisitions and Disposals Office
Lawyer Jane Edwarde