12 July 2011
Forsters has acted for Mayfair Capital Property Unit Trust (MCPUT), the Jersey Property Unit Trust (JPUT) with £100m of equity from Schroders Property Investment on further acquisitions.
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16 March 2011
Forsters acted for Realis Estates as Developer in relation to the £350 million redevelopment of the East West Centre in Stoke- on-Trent. The development will provide a new regional shopping centre with over 600,000 square feet, including a department store, a wide range of retail units, a cinema, hotel and new parking facilities for the town centre. Work has commenced in relation
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3 February 2011
Forsters has acted for Mayer Real Estate (MRE) on its first UK property acquisition. MRE is part of the privately owned Mayer Group which is the largest auto and transport group in Israel. MRE coordinates the Mayer Group’s activities in the real estate sectors and has substantial investments throughout Israel and Western Europe.
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8 January 2011
Sale of Castlegate Shopping Centre, Stockton-on-Tees
Forsters has acted for a longstanding client, Lathe Investments, in relation to the sale of the Castlegate Shopping Centre, Stockton-on-Tees for £27.8 million.
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6 January 2011
Forsters has acted for Cheshire West and Chester Borough Council Pension Fund (clients of Rockspring Property Investment Managers LLP) on their purchase of Maybrook Retail Park, Canterbury from Downham Properties.
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6 January 2011
Forsters has acted for Trehaven Group on the sale of Court Lane Industrial Estate in Iver in Buckinghamshire for £12.67m to Rockspring Hanover Property Unit Trust.
The 37,000 square feet of buildings are housed within 14 acres of land in a multi-let and open storage industrial estate in a strategic location close to Heathrow airport.
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23 December 2010
Forsters Andrew Crabbie acted for Salix Trust Limited (Bank of Ireland Staff Pension Fund) on its sale of 41-43 Fargate, Sheffield to Alstom Pension Trust Limited for £3.225million.
Pinsent Masons LLP acted for the buyer.
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28 September 2010
Forsters has advised Invista Real Estate Investment Management (acting on behalf of Clerical Medical Investment Group Limited) on a 109,000 sq ft pre-let at New Bakers Court, Uxbridge to fizzy drinks giant Coca Cola.
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27 September 2010
Forsters has acted for Danish pension fund PFA Invest in connection with its sale of Watling Court, Cannon Street, London EC4 for £47.15m. The purchaser is a private investor.
The property comprises three buildings totalling 97,000 sq ft let to HSBC until March 2016 at a rent of £3.255m per annum (£33.50 per sq ft overall).
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10 July 2010
Forsters acts for LXB Retail on further Greenwich purchase
Forsters has acted for LXB Retail on its purchase of two further retail sites in Greenwich, SE10.
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