Insights: News - January 2010

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Fladgate advises Terrace Hill on £16m sale

Matthew Williams |

Fladgate LLP has advised Terrace Hill Group, a UK property development and investment group, on the sale of the free freehold interest in its Kean House development in Covent Garden, London to a major UK institution for a total consideration of £16 million, representing a net initial yield of 6.4 per cent. Situated on the […]


Fladgate advises on admission to AIM of Asian Plantations Limited

David Robinson |

Fladgate LLP acted for the nominated adviser Strand Hanson Limited and broker Mirabaud Securities LLP, on Asian Plantations Limited’s admission to the AIM market. Asian Plantations Limited is a Singapore incorporated company involved in the acquisition, development, operation and management of palm oil plantations in Malaysia. The company raised £5.26m through a subscription for 7,010,000 […]


Fladgate acts for Southridge LLC on a £3m Equity Purchase Agreement Facility

Avram Kelman |

Fladgate LLP has acted for US based investment company Southridge LLC on Southridge’s advice to Bahamas-based Brittany Capital Management Ltd on their entering into a £3m Equity Purchase Agreement Facility (EPA Facility) with Wren Extra Care Group Plc (Wren). Wren is an AIM listed provider of retirement living services for the independent elderly. The EPA […]


Fladgate advises Akkeron on hotel portfolio purchase

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Fladgate LLP has acted for newly formed company Akkeron Hotels Limited on the acquisition of the Folio hotel business and eight hotels from Mulbourn Limited. Akkeron Group LLP is an investment business formed in 2008 by Citibank’s former global head of real estate, James Brent. Akkeron Hotels has been launched in partnership with Colin Johnston, […]