King & Wood Mallesons SJ Berwin has advised Singapore-listed property developer, Oxley Holdings Limited, on the acquisition of Royal Wharf, the city’s largest mixed-use real estate site, from Ballymore Group for £200 million.

Oxley is a lifestyle property developer specialising in quality residential, commercial and industrial projects, with projects in China, Malaysia and Cambodia. It plans to build 3,400 homes, offices and shops on the 40-acre (16-hectare) site at the Royal Docks on the banks of the River Thames in London.

King & Wood Mallesons SJ Berwin acted as lead adviser on all aspects of the deal. The team was led by Real Estate partner Michael Scott and assisted by Real Estate associate Emma Dewar.

Michael Scott, Real Estate partner at King & Wood Mallesons SJ Berwin, said: “The steady flow of Asian investment into London and the UK more widely is creating development opportunities that will have long term positive impact on the growth of the UK.

“This particular deal was exciting because of the huge potential that Royal Wharf has, and the very short timeframe within which we exchanged contracts.”