UK: Mayer, Brown, Rowe & Maw LLP Advise Henderson Global Investors in £16.1 Million Disposal
Last Updated: 2 September 2003

The Real Estate Group at Mayer, Brown, Rowe & Maw LLP has advised Henderson Global Investors in its sale of Poplar Business Park, London Docklands to Workspace 2 Limited for £16.1 million.

Poplar Business Park consists of 33 units used for a mixture of office, light industrial and telecommunications purposes. Major tenants include MGN Limited, Fibernet Limited, Colt Telecommunications, NTL and Siemens Building Technologies Limited.

The transaction was structured by way of a head lease sale to preserve capital allowances. Henderson have retained two development sites adjoining the Business Park which are planned for a mix of residential office and retail uses.

Real Estate partner Spencer Williams led the Mayer, Brown, Rowe & Maw LLP team.

Workspace 2 Limited was advised by Bevan Ashford.

For further information, please contact:

Spencer Williams, Real Estate Partner: 020 7782 8670
Angela Woodruff, Media Relations Manager: 020 7782 8804

About Mayer, Brown, Rowe & Maw LLP

  • Mayer, Brown, Rowe & Maw LLP has 13 offices worldwide, including representations in the world's major financial centres; London, Paris, Frankfurt and New York. Mayer, Brown, Rowe & Maw LLP's London office consists of over 100 partners, 300 lawyers and a total staff of nearly 600. We deliver multi-jurisdictional advice to the world's leading companies, financial institutions and multinational businesses.
  • Mayer, Brown, Rowe & Maw LLP is a combination of two limited liability partnerships, each named Mayer, Brown, Rowe & Maw LLP,  one established in England and one incorporated in Illinois, USA.

 

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