Slaughter and May advised The Clothworkers’ Company in connection with the proposed redevelopment by Generali, the Italian insurer, of the island site known as 120 Fenchurch Street, London EC3. The transaction involved the acquisition of freehold land by the Clothworkers and the grant of a new 200 year ground lease to Generali.

Generali proposes to build a new 420,000 sq.ft office development which will predominantly be let as the new City headquarters of M&G.

CONTACTS

Real Estate: John Nevin (partner), Simon Bartle (associate); Tax: William Watson (partner), Ed Milliner (associate)