LG advises LaSalle UK Ventures Fund on acquisition of Milton Keynes business park

LG, the London-based law firm, has advised LaSalle Investment Management on its acquisition of Caldecotte Lake Business Park, Milton Keynes for £32.5 million on behalf of its LaSalle UK Ventures Fund.

16 January 2008

LG advises on £1.1bn acquisition of 47 Marriott Hotels

LG has advised a private equity syndicate led by property entrepreneur Igal Ahouvi of the Blenheim Property Group Limited on its £1.1bn acquisition of 47 Marriott Hotels from The Royal Bank of Scotland. The private equity syndicate includes Quinlan, Delek, Electra, FIBI and various other Israeli investors.

27 April 2007

LG advises LaSalle UK Ventures Fund on string of property deals

LG has advised new client LaSalle UK Ventures Fund – the £1bn private equity fund set up recently by LaSalle Investment Management – on three real estate purchases.

13 April 2007

UK listed buildings face energy efficiency threat

European legislation requiring Energy Performance Certificates for offices and commercial buildings was introduced to the UK yesterday (29 March) without any exemptions for older properties, or those of historical value which are listed.

30 March 2007

LG advises Rooftoop Mortgages on £500 million securitisation transaction

LG, the London-based business law firm, has advised Rooftop Mortgages - a lender in the UK non-conforming mortgage market - on the £500 million Mansard 2006-1 PLC residential mortgage backed securitisation.

17 November 2006

LG advises Conran Holdings on management buy out of restaurant business

LG, the London-based business law firm, has advised Conran Holdings – Sir Terence Conran's main company - on the real estate aspects of a £50m buy out of Conran Restaurants.

2 October 2006

Budget 2006 - Items of interest to the property industry

The Chancellor of the Exchequer announced the introduction of UK REITs with effect from January 2007, together with some important modifications to the rules previously announced in draft legislation. The Treasury has clearly listened to representations from the property industry in the course of the consultations that have taken place.

22 March 2006

LG advises on £180 million waste facility

LG has advised Grundon Waste Management – half of joint venture Lakeside Energy from Waste Ltd and the UK's largest privately owned waste management company – on its £180 million project to develop an energy from waste facility at Colnbrook, near Slough, which has successfully reached financial close.

20 October 2005

LG chosen to advise Centros Miller on £100m retail-led mixed-use scheme in Lancaster

LG continues to build on city redevelopment instructions LG has been instructed by Centros Miller in relation to the proposed redevelopment of the Canal Corridor North – a £100m mixed-use scheme comprising 10 acres in Lancaster city centre."

13 April 2005

LG chosen by Oxford City for retail centre redevelopment

LG has been selected to advise Oxford City Council on the proposed extension and redevelopment of the Westgate Centre. It is envisaged that the redevelopment of the Westgate Centre will provide a large proportion of the additional 36,500 sq metres of retail space that was identified in a recent study commissioned by the Council as being required to improve the quality and range of existing retail offer in the City. A new department store, a multi-storey car park and new residential accommodations are also proposed.

13 April 2005

LG advises Redevco on £325m securitisation

LG has advised Redevco UK on the £325 million securitisation of the majority of its UK real estate portfolio. As a result of this transaction, Redevco Original Commercial Securitisation PLC, a ring fenced special purpose company, has issued £325 million of bonds.

7 April 2005

Wembley sells greyhound racing business to Risk Capital Partners for £50m

Law firms LG and Memery Crystal have advised Wembley plc, the London-listed leisure group, on its agreed sale of GRA Limited to Risk Capital Partners for £50m.

17 March 2005

Development Securities acquires site for regeneration

LG LLP has advised Development Securities PLC in relation to its acquisition of the freehold of a 3.20 acre site in Huyton in Merseyside for £5m.

16 February 2005

Debenhams Retail plc acquires new stores from Allders' administrators

LG advised Debenhams Retail plc on its acquisition of eight Allders stores from Kroll, Allders’ administrators.

14 February 2005

LG and Herbert Smith advise Multiplex and Hammerson on Joint Venture Arrangements

LG and Herbert Smith have acted for their respective clients, Multiplex Limited and Hammerson UK Properties plc, on the joint venture arrangements surrounding the £18.6 million sale by Pillar to Multiplex of their 50% interest in Cricklewood Regeneration Limited.

17 January 2005