Nabarro has successfully advised on the purchase of the well-known Holborn headquarters of Sainsbury’s. The firm provided advice on the real estate and finance aspects of the deal through new client Tishman Speyer. Tishman Speyer represented a consortium of members and Nabarro’s Funds & Indirect Real Estate partner Amanda Howard also acted for one of the consortium members.

33 Holborn is a 328,000 square foot London office property which is fully leased to Sainsbury’s until 2026 as their headquarters. Completed in 2001, the building was designed by Foster & Partners expressly as an international standard headquarters property with a variety of on-site benefits for tenants. The location is within 200 metres of Farringdon Station, which is a soon to be key transport hub once Crossrail is initiated there in 2018.

The team acting on behalf of Nabarro was led by Real Estate partner Nicholas Vergette and comprised Marion Turnier, Vicky Thourgood and Daniel Ailion from the Real Estate group. Furthermore, financing was provided by Banking and Finance partner Andrew McLean who was assisted by Eleanor Abbott and Clementine Bottet.

Nicholas Vergette, Real Estate partner at Nabarro said:

"The completion of 33 Holborn further reinforces our reach and expertise in handling high end corporate office transactions. It has also given Nabarro the opportunity to showcase the breadth of services we provide to the real estate market. We are delighted to be a part of such a key deal.”