Linklaters has advised Abu Dhabi Financial Group on their acquisition of New Scotland Yard, 8-10 Broadway, Victoria, for £370 million. The site was purchased from The Mayor's Office for Policing And Crime (MOPAC) for redevelopment purposes.
The sale of the property exchanged on 4 December 2014. However, completion will not take place until 2016 because the Metropolitan Police will remain in occupation before moving to their new property (the Curtis Green building).
Linklaters’ team was led by UK Head of Real Estate, Andy Bruce.
Matter Type
Asset Sale: Acquiror's Counsel
Industry
Finance & Banking
News Category
Banking & Finance
M&A
Real Estate & Construction