Hammerson sells Senator House, London EC2, to Australian pension fund Challenger International for £86m. Hammerson advised by Nabarro Nathanson (James Madden). Challenger International advised by Herbert Smith (James Barnes).
Bristol & West subsidiary Chase de Vere Investments agrees new 25-year lease for Eastcheap offices with landlord Taylor Woodrow Developments, with rent set at £55 per square foot. Chase de Vere Investments advised by Beachcroft Wansbroughs (Gillie Slater, George Williamson). Taylor Woodrow Developments advised by Penningtons.
Nationwide Building Society facilitates sale and leaseback deal with £10.675m loan to Rosewood Property Management. Nationwide advised by Fenners (John Fenner). Rosewood advised by Kingsley Napley (David Moss, Adrian White).