Advising on the sale of a prime central London development site
Location: London
Client name: Asphaltic Developments Limited
Project value: Confidential
What was the brief?
We advised Asphaltic Developments Limited on the sale of a prime London development site.
The matter involved a number of neighbouring plots owned by connected individuals and corporate entities, requiring a coordinated approach to ensure the interests of all parties were aligned throughout the transaction process.
The transaction was particularly notable due to its hybrid structure, combining both asset and corporate sale elements. This required a more sophisticated approach than is typically seen in a standard corporate real estate transaction.
From transaction structuring to execution
Our corporate team led on the aspects of the sale, advising on the structure of the transaction and negotiating the corporate sale arrangements to facilitate the disposal of the wider development opportunity.
The combination of multiple landholdings and ownership structures added complexity to the deal, requiring collaboration between stakeholders to deliver a commercial solution that reflected the objectives of all parties involved.
The matter was led by corporate Partner Craig Thompson and supported by Daniel Bryan, Counsel.
The transaction successfully brought together a number of separate ownership interests and transaction structures to facilitate the sale of a significant central London development opportunity. The matter highlights our experience advising on complex transactions where corporate, property and commercial considerations must be carefully aligned to achieve a successful outcome.
