Mayer Brown advised Asian Growth Properties, the Hong Kong-based property investor and developer, on the purchase of the entire issued units in the Trust that owns 20 Moorgate, London for £155 million.
The 150,000 sq ft property, purchased from Deutsche Fonds Holding AG, is fully let to two tenants. The Prudential Regulatory occupies the office space in the building, whilst brewers Fuller Smith & Turner Plc occupy the sole retail unit.
The Mayer Brown team was led by the firm’s London head of real estate, Chris Harvey, and included Real Estate partner Andrew Hepner (London), of counsel Ross Berridge (London) and Elmar Gunther (Frankfurt), senior associate Robert Patterson, associate Annabel Ersser and trainee solicitors Lynette Edwin and Peter Darby (all London); Corporate & Securities partner Jeremy Kenley, senior associate Dominic Palmer and associate Charles Clendon (all London), FSRE partner Mark Compton and Lauren Smith (both London); Environmental partner Michael Hutchinson (London); and Tax Transaction & Consulting partner Sandy Bhogal and senior associate Simon Slade (both London).