DLA Piper advises Cornerstone Real Estate on purchase of grade A office building

DLA Piper has advised Cornerstone Real Estate Advisers on the purchase of 40 Gracechurch Street, a grade A office building in the City, for £94m.

The transaction was effected by way of a corporate sale of a special purchase vehicle and involved a team of lawyers from DLA Piper’s offices in the UK and US.

Partner Richard Crossfield led the DLA Piper real estate team in the UK, supported by Paul Dineen and Gemma Lodge. Jon Kenworthy advised on corporate
aspects, alongside Anna Hopper and Paul Roberts. Tax advice was provided by Richard Woolich and Luigi Falivene.