Nabarro advises on acquisition of Sainsbury’s headquarters in Holborn

Nabarro has successfully advised on the purchase of the Holborn headquarters of Sainsbury’s. The firm provided advice on the real-estate and finance aspects of the deal through new client Tishman Speyer. 

Tishman Speyer represented a consortium of members and Nabarro’s funds and indirect real-estate partner Amanda Howard also acted for one of the consortium members.

33 Holborn is a 328,000ft² London office property, which is fully leased to Sainsbury’s until 2026 as its headquarters. Completed in 2001, the building was designed by Foster & Partners expressly as an international standard headquarters property with a variety of on-site benefits for tenants.

The location is within 200m of Farringdon Station, which is a soon-to-be key transport hub once Crossrail is initiated there in 2018.

The team acting on behalf of Nabarro was led by real-estate partner Nicholas Vergette and comprised Marion Turnier, Vicky Thourgood and Daniel Ailion from the real-estate group. Financing was provided by banking and finance partner Andrew McLean, who was assisted by Eleanor Abbott and Clementine Bottet.