Herbert Smith (Michelle Howie) advised Hammerson UK Properties on the disposal of its interest in the Queensmere Centre, Slough, to a private property company for £105m. DJ Freeman (David Coupe, Peter Taylor) advised the purchaser.
Maples Teesdale (Declan Power) advised Royal & SunAlliance Property Investments on the forward purchase of a prime retail warehouse development of 130,000sq ft in Stoke-on-Trent, from Sheffield-based developer Henry Boot. The total commitment will be approximately £25m and the scheme is pre-let to B&Q at £13.25 per sq ft. Irwin Mitchell (Martyn Holland) advised Henry Boot.
Ashurst Morris Crisp (Anthony Burnett-Scott) advised Bovis Lend Lease Holdings and Stanhope on their roles in the Exchequer Partnership Consortium's deal to extend the Cabinet War Rooms Museum and create the Churchill Museum facilities. Denton Wilde Sapte advised Halifax, the funder. Berwin Leighton Paisner advised HM Treasury. Allen & Overy advised Ambac Financial Group. CMS Cameron McKenna advised the trustees of the Imperial War Museum.