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22 December 2011

Forsters acts on redevelopment of Cafe Royal Site

Forsters continues to act for The Alrov Group in relation to the major redevelopment of the Café Royal Site on Regent Street, London, W1 to include the redevelopment of a major new hotel project with substantial retail units fronting Regent Street. Pre-lets to Nespresso and Lotus have been concluded at rents of £875,000 and £550,000, (respectively).

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1 December 2011

Retail Developments for LXB

Forsters acted for LXB Retail Properties Plc in relation to a major retail development scheme at Bugsby's Way, Greenwich including pre-let agreements with Sainsbury and Marks & Spencer. Forsters has provided a full range of services (including planning, construction and property litigation) in relation to the creation of the scheme by LXB from a tired industrial estate in Greenwich.

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30 November 2011

Forsters completes £30m pension fund deals

Forsters has acted on two transactions for PFA Pensions and ICL Pension Trust Limited; the two deals are worth a total of nearly £30m.

The first, the sale of an office building on Reading's King's Road for PFA, was for £19m. PFA is the largest pension fund in Denmark and a longstanding client of Forsters.

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15 November 2011

Forsters acts on £7.65m disposal for Redevco UK

Commercial property partner, Matthew Swainston, has acted for long standing client Redevco UK in respect of the disposal of 180-190 Lewisham High Street which completed on 15 November 2011.  A sovereign wealth fund purchased the retail unit for £7.65 million.  The unit is wholly let to Primark. 

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27 October 2011

Forsters acts on £11.65m sale of Carthusian Court

Commercial property partner Andrew Crabbie acted for The Chamber of Shipping on its sale of Carthusian Court, 12 Carthusian Street, London EC1 to The Property Trust Group.

This prime mixed use building totalling 31.031sq m comprises office, retail, residential and ancillary accommodation .

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Chambers UK, 2017