News | Real Estate

Tuesday 30th January 2007

Corporate and commercial law firm SJ Berwin’s real estate department has advised British Land on the sale of three retail units at Drury Crescent, Purley Way, Croydon  at a price of approximately £45m.  The purchaser was Norwich Property Trust Limited.

Real estate partner Michael Scott acted for British Land. James Henderson at Aviva Legal Services acted for the purchaser. 

For further information please contact:
Michael Scott on +44 (0)20 7111 2951, email michael.scott@sjberwin.com  or Karen Roberts on +44 (0)20 7111 2578, email karen.roberts@sjberwin.com         

• On 1 June 2005 SJ Berwin LLP, an English limited liability partnership, took over the business of the SJ Berwin general partnership.  SJ Berwin LLP or an affiliated undertaking has an office in Berlin, Brussels, Frankfurt, London, Madrid, Milan, Munich and Paris.
  
  
• SJ Berwin LLP was named ‘UK Firm of the Year’ at the 2005 Legal Week Awards.  The award recognised SJ Berwin’s five years of international expansion and its involvement in a series of high quality deals.
  
  
• SJ Berwin's Real Estate Division totals 118 staff of which 20 are partners in London and 50 associates, encompassing the disciplines of Commercial Real Estate, Construction, Planning & Environment, Property Litigation and Real Estate Funds.  In addition, there are 3 dedicated real estate tax partners and 1 dedicated real estate partner in Paris.  There is an increasing emphasis on cross firm activity with related areas of Banking and Corporate and with the international offices.  The division acts for blue chip clients including British Land, Royal Bank of Scotland, the Hilton Group, Brixton plc, AXA, The Crown Estate, Marks & Spencer and Gazeley.
  
  
• The Real Estate Team is Legal Business Real Estate Team of the Year 2005.  It was also named "Real Estate Team of the Year" in the Lawyer Magazine Awards 2004, following its advice on the RBS/Canary Wharf transaction the highest-value property investment transaction in the UK in 2004.
  
  
• Revenue from Real Estate represents approximately 21% of the firm's total revenue in London.