Real estate transactions
Purchase of office building in Warsaw for UK client
A large UK-based privately-owned real estate company sought london and oxford group's help in building up its commercial portfolio in continental Europe. Through our network in German banking and finance we accessed a transaction to acquire a newly-built prime office building in Warsaw on an exclusive basis. Through our relationship with both buyer and seller, london and oxford group was able to provide crucial advice and assistance at pivotal stages of purchase negotiations. This form of discreet and well-managed transaction accompaniment, in harmony with the company’s other specialist legal and due diligence advisers, proved invaluable in clinching an agreement under which the client purchased the asset for a consideration of around €250 million.
Acquisition of retail and office portfolio from UK insurance company
london and oxford group acquired two real estate portfolios from a major UK insurance group, made up mainly of retail estate agency businesses but also including offices no longer required by the general insurance division. Transferring ownership and legal responsibility to london and oxford group resulted in considerable savings compared with the provisions the company had made against the properties to cover run-off costs and expenses. To maintain continuity with tenants and landlords, we brought into partnership the insurance company’s highly experienced premises director. These acquisitions have worked out very well for both parties, achieving all commercial and administrative objectives.