Fladgate LLP has advised Halamar Developments on a complicated refinancing of a property development in Golden Square, Soho, borrowing new funds of more than £50m. The refinancing involved: a corporate reorganisation to insert three levels of holding companies between the property owning company and the ultimate shareholders together with amendment of the existing shareholders agreement […]
Fladgate has advised Audley Grosvenor Limited on a development agreement for lease with Grosvenor. This was for the acquisition of a £40m long lease interest of premises at 22 Grosvenor Square, 43 North Audley Street and 1 Lees Place, London W1 for the construction of a 32 room boutique hotel, restaurant and private members club […]
Fladgate LLP has advised Otium Real Estate on its first in-town leisure purchase in Milton Keynes, acquiring the Theatre District scheme from UGS MK Limited for £16.75m. The 109,000 sq ft scheme currently comprises 16 units, with a tenant roster that includes TGI Fridays, Bella Italia, Zizzis, Revolution de Cuba and the Slug and Lettuce. […]
Fladgate has advised Global Gaming Ventures (Group) Limited (GGV) in relation to the real estate aspects of the financing of its new casino in Leeds. The Gambling Act 2005 provided bidders with the opportunity to establish 8 new large and 8 new small casino licences. GGV won two of these new large casino premises licences […]
Fladgate is delighted that a number of its partners and associates have been ranked in the 2015 Super Lawyers UK List, published by Thomson Reuters. Super Lawyers Banking Law Paul Howcroft Kim McMurray Charles Proctor Business Affairs Paul Airley Avram Kelman Eddie Powell David Robinson Commercial Litigation Simon Ekins Commercial Property Antonia Brandes Allen Cohen […]
Fladgate LLP is delighted to have advised on the acquisition and subsequent disposal of La Suite West Hotel, Notting Hill. Located on the edge of London’s Hyde Park and close to the West End and Paddington, La Suite West is the minimalist creation of famed British designer Anouska Hempel. Hempel is ranked as one of […]
Fladgate LLP were one of the property advisers involved in the £112m sale of a majority share of the X-Leisure Fund to Land Securities. The transaction increases Land Securities’ holding in the X-Leisure Fund to 54%. The X-Leisure Fund is the UK’s largest leisure park portfolio, with a portfolio of 16 entertainment and leisure destinations […]
Fladgate LLP has advised Beaverbrooks the Jewellers (Beaverbrooks) on the acquisition of their first concession store in an out of town retail park. Beaverbrooks acquired 1,000 sq ft within a 30,000 sq ft Next superstore within The Fort Retail Park, Birmingham. Established in 1910, today Beaverbrooks employs over 800 people in 64 stores throughout the […]
Fladgate LLP has advised on the acquisition of the Argo Business Centre in Maida Vale for Kilburn Holdings Limited with the benefit of planning for a large scale residential development. Kilburn Holdings Limited were advised by a cross-departmental team led by real estate partner Stephen Lewis and included construction partner Alan Erwin and planning partner […]
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