16 December 2013

Forsters acts on purchase on the Harlequin Building SE1

Forsters has advised HIFML UK Property Fund managed by Scottish Widows Investment Partnership (SWIP Real Estate) on the acquisition of the newly developed Harlequin Building, 65 Southwark Street, London SE1 from Rockspring UK Value Fund for £40 million in a deal which was conducted off-market in only 7 days. 

The 50,000 sq ft property, which has recently undergone a substantial refurbishment programme, comprises grade A office space let to Zoopla Property Group, Maris Interiors, World Travel and Tourism Council and Metropress, with ground floor retail space occupied by Itsu. 

Commercial property partner, Glenn Dunn, led the team advising on the acquisition. Head of Construction, Sarah Cook advised on construction matters. Maples Teesdale acted for Rockspring.

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