SJ Berwin wins Oakmayne and Londonewcastle property deal

SJ Berwin has strengthened its fledgling relationship with residential property developer Londonewcastle and picked up new client Oakmayne Properties on the joint purchase of Embassy Court, a seven-storey 1960s residential block in St John’s Wood. Embassy Court was bought by the developers for £23.7m. A landmark £70m residential scheme is planned for the site. Plans for the development in London’s prestigious St John’s Wood will see the 36,000sq ft block demolished and replaced with a modern steel and glass structure with 25 luxury flats. SJ Berwin real estate partner Nick Minkoff led the team advising on the acquisition of Embassy Court, with assistance from tax partner Pat Dugdale and banking partner Gillian Smith. GSC Solicitors, led by commercial property partner Harvey Posener, advised vendor Investment & Securities Trust.