Slaughter and May advised Minerva, a joint venture between clients of Delancey and Ares Property Partners, on the sale of the development site consisting of Nestlé House and Queen’s Square in Croydon to R&F Properties for circa £60 million. Nestlé House, the former offices of Nestlé, has planning permission for 288 new residential units with a further 800 residential units and commercial units planned for the remainder of the site.

Contacts

Real Estate: Jane Edwarde (partner), Ben Redding (associate)