London – LAWFUEL – The Legal Newswire – DLA Piper have assisted Invista Real Estate Investment Management on behalf of St James’s Place and Clerical Medical in their acquisition of New London House from Land Securities for £57.2 million.
New London House is located next to Fenchurch Street station, in the heart of the insurance district of the City of London.
Paul Jayson, partner at DLA Piper commented: “The ability to turn around this acquisition in just two weeks is a reflection of the skill and commitment from the DLA Piper team and our clients. It has been a pleasure working once again with St James’s Place and Clerical Medical.”
Michele Salter, Nabarro, acted for Land Securities on this transaction.