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SJ Berwin advised Invesco Real Estate on the £152 million acquisition of Stephenson Harwood`s offices to China Overseas Holdings

04 Mar 2013

The deal by China Overseas Holdings to buy One Finsbury Circus comes less than two years after Invesco purchased the site from Hermes Real Estate for £141.5 million in June 2011 (27 June 2011).

SJ Berwin advised longstanding client Invesco, fielding lead partner Darren Rogers, a real estate specialist. He worked alongside corporate real estate partner Michael Goldberg, tax partner Giles Bavister, real estate associate Patrick Williams and corporate associate Barri Mendelsohn.

The grade II* listed City site, formerly known as Britannic House, was designed by Edwin Lutyens and completed in 1927.

It spans 210,000 sq ft and has been home to law firm Stephenson Harwood since April 2011.

Background on this deal:

SJ Berwin is the dominant adviser to Invesco on its office deals, with the same team advising the company on the original acquisition in 2011, in which Nabarro advised Hermes.

http://www.sjberwin.com/newsdetails.aspx?hd=News&pid=3262&ctid=0&mid=1&…

Matter Type
Asset Sale: Seller's Counsel
Industry
Real Estate & Construction
News Category
Real Estate & Construction
M&A