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Clifford Chance, Olswang and Taylor Wessing all won roles on Max Property Group’s £232m acquisition of a real estate portfolio from the failed Industrious Group.
In one of the largest lender-backed real estate deals of the year, Max Property Group, the new vehicle of property tycoon Nick Leslau, saw off a last-minute counter bid as Citigroup attempted to buy the assets from Ernst & Young (E&Y), the receiver of Industrious Group.
The firm fielded a large team led by real estate partners Richard Grosse and Alan Evans, supported by finance partner Bob Gayford, corporate partner Jayne Schnider and litigation partner Laurence Lieberman.