Herbert Smith

Herbert Smith represented Marsh & McLennan Companies (M&M) on the sale of both Vincula House and the Bowring Building, Tower Place, London EC3 to Tishman Speyer Properties. The agreement included the leaseback of part of the site on which M&M will base its European corporate headquarters. The company will take a 25-year lease on the 205,000sq ft office building. Property partner Don Rowlands led a team of 11 on the deal while Clifford Chance represented Tishman Speyer.