In December 2015 Gowling WLG completed the transaction that saw client The Crown Estate and its partner Gingko Tree Investment Limited – together Fosse Park West LLP – acquire the 12.5 acre Castles Acre site in Leicester from Everards Brewery. The site will be used to build a 150,000 sq ft extension to the Fosse Park shopping centre.
Partner Rabinder Chaggar led the deal, supported by fellow real estate partner Myles Kiely and real estate senior associate Simon Wade. Partner Philip Baker provided construction expertise. Partner Elliot Weston advised on the tax aspects of the deal. The team worked closely with The Crown Estate’s Deputy Head of Urban and Head of Central London James Cooksey and Head of Regional Portfolio Hannah Milne.