Real Estate and Projects

Burford Holdings sells landmark Covent Garden portfolio to Delaware-based limited partnership for £30m. Burford Holdings advised by Clifford Chance (Mike Edwards, Simon Price). Purchaser advised by Freshfields Bruckhaus Deringer (David Lewis).

Charterhouse Shopping Centre Fund II completes purchase of its first investment with acquisition of Yate Town Centre, near Bristol, from MEPC for £49m. Shopping Centre Fund II advised by Rowe & Maw (Jeremy Clay, Iain Thomas). MEPC advised by Linklaters & Alliance (Kirsty Corkum).

London & Regional Properties to develop 22.18 hectare Guinness-owned site at Park Royal, London, in a government-backed scheme with an end investment valued in excess of £400m. London & Regional advised by Lawrence Graham (Roger Benson, Alan Hart). Guinness advised by Travers Smith Braithwaite (Robin Holmes, Matthew Jones). On the grant agreements, London Borough of Brent advised in-house; Park Royal Partnership advised by DLA (Richard Curl).