Eversheds Sutherland has advised the Munich based German team of BNP Paribas Real Estate Investment Management (REIM) on the sale of Pinners Hall to an Asian investor.
The prominent corner building is situated in the heart of the City of London and encompasses just over 10,000 sqm of rental space. Its main tenants are Deutsche Bank, British Bankers’ Association and Banco do Brasil.
Eversheds Sutherland advised on all legal aspects of the sale, including the exchange of contracts within a stringent timescale.
Commenting on the deal, Partner Nick Bartlett, said:
“We’re very pleased to have been able to support BNP Paribas REIM on this deal. We have dealt with the asset management of the building for almost 20 years and so our knowledge of both the building and the occupational leases paid dividends in helping to get this deal over the line.”
The Eversheds Sutherland team was recently named ‘Real Estate Team of the Year’ at The Lawyer Awards 2017 - its third time in five years.