Quintain Estates & Development buys 22 pubs and inns from Old English Pubs for £10.9m and enters agreement with Albion Pub Contracts to take over the running of the business. Quintain Estates advised by Manches (Peter Sugden). Old English Pubs advised by Taylor Walton (Mike Kelly). Albion advised by John Gaunt & Partners (John Steer).
Hammersmith Hospitals NHS Trust disposes of site to Crest Homes for residential development after negotiating planning agreement for development of the new Queen Charlotte's & Chelsea Hospital site. Hammersmith Hospitals Trust advised by Stevens & Bolton (Hannah Edwards, Catherine Davey). Crest Homes advised by Davies Arnold Cooper (Robert Lee).
London & Regional Properties and Galliford Try close £25.8m pathfinder PFI project for the construction and operation of a further education college at Newbury for 9,000 students. Senior lenders Landesbank Hessen-Thüringen Girozentrale (Helaba) advised by Altheimer & Gray (Ashok Ghosh). Consortium comprising London & Regional and Galliford Try advised by DLA (Richard Curl). Newbury College advised by Bevan Ashford (David Hutton).