Property

Manches represented the Burford Group on the £16.2m sale of The Observatory in Bracknell to British Airways Pension Fund Trustees, and on the letting of the 45,000sq ft gross contemporary office building to Towry Law on a 16-year FRI lease at an annual rent of £1.062m. Manches partner Nigel Brown led a team of three on the deal. British Airways Pensions Trust was advised by Osborne Clarke partner Charles Gait, while Towry Law was advised by Nick Mott, partner at Denton Wilde Sapte.