Charles Russell Speechlys advises longstanding client Derwent London plc on the sale of 40 Chancery Lane
Charles Russell Speechlys LLP have advised long standing client Derwent London plc on the sale of 40 Chancery Lane to a Deka Immobilien fund for a headline price of £121.3m. The property was acquired by Derwent before being redeveloped and then fully let to Publicis Groupe over the course of the last seven years.
The team was led by Louise Ward (Real Estate) with associate Mark White and Fiona Edmond (Construction). Louise Ward commented: “40 Chancery Lane has been a brilliant asset for Derwent and one that we’re delighted to have been able to work with them on – from development, through letting to now achieving a successful sale”.
News & Insights
Smart contracts, blockchain and construction dispute resolution
David Savage writes an article for Practical Law Construction about smart contracts' impact on construction dispute resolution processes.
Q&A: The feeling is not necessarily mutual
Practical implications of the grant of consent to a tenant to carry out works where a lease contains an absolute prohibition.