Appleby advises on UK real-estate deals with combined value of £2.5bn

Appleby has advised on two of the UK’s largest transactions, including one of the largest single-asset transactions in UK real-estate history. The deals have been reported as totalling a combined value of £2.5bn.

Lawyers and trust experts based in the firm’s Jersey office acted on behalf of Blackstone on the sale of the investment and advisory firm’s interest in a joint venture with British Land, which owns the Broadgate Estate to Singaporean sovereign wealth fund GIC.

The group has also advised Blackstone on the sale of its beneficial interest in the Chiswick Park Estate to the China Investment Corporation (CIC).

Both deals were signed at the end of the year.

Appleby real-estate investment partner Andrew Weaver and trust company partner Richard Prosser led on the deals, supported by senior associate Simon Tait and other members of the Appleby team.

This content was originally sourced from the Appleby website.

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