Register | Forgot password?
Switch to Arabic
Saturday, December 5 - 2009

DLA Piper advises Oman Investment Fund on £445m joint venture

DLA Piper has advised Funderburk Europe 2 Limited, a special purpose vehicle formed on behalf of the Oman Investment Fund, an investment arm of the Government of the Sultanate of Oman, in connection with its 75:25 joint venture with Hammerson UK Properties Plc.

Article continues below
 
The joint venture acquired Bishops Square, Spitalfields, London E1 for approximately £445m.

The deal was referred to DLA Piper's London office by its Managing Partner for Oman and client relationship partner for the Oman Investment Fund, Bruce Mullins. Catherine Usher, real estate lawyer and Office Managing Partner for London, had overall responsibility for the DLA Piper team advising on the deal.

The team was led by partners Sean Scanlon and Elizabeth Walters (Corporate), with assistance from Juan Perez Tejedor and Kate Salter (Corporate), Richard Wilkinson and Sally Whitney (Real Estate), Toby Barker, Lorraine Clover and Christopher Chan (Real Estate Finance) and Richard Woolich and Simon Slade (Tax).

Bruce Mullins said:

"We are delighted to have acted on this transaction which showcases the global platform for services provided by DLA Piper, our commitment to Oman and ability to provide seamless access to our skilled corporate and real estate lawyers in London. We look forward to building on our relationship with the Oman Investment Fund."


Catherine Usher said: "It is excellent to see a transaction related to a landmark building taking place in the current difficult real estate market in London. It was a complex transaction that illustrates how our cross practice expertise and international reach benefit our clients."
Also consider reading:
Log in to request more information from DLA Piper

Notes and media contacts

For further information:

Helen Obi, Media Relations, DLA Piper
Tel: +44 (0)20 7796 6989

Disclaimer:

Articles in this section are primarily provided directly by the companies appearing or PR agencies which are solely responsible for the content. The companies concerned may use the above content on their respective web sites provided they link back to http://www.ameinfo.com

Any opinions, advice, statements, offers or other information expressed in this section of the AMEinfo.com Web site are those of the authors and do not necessarily reflect the views of AME Info FZ LLC / Emap Limited. AME Info FZ LLC / Emap Limited is not responsible or liable for the content, accuracy or reliability of any material, advice, opinion or statement in this section of the AMEinfo.com Web site.

For details about submitting your stories, please read the guide - all content published is subject to our terms and conditions