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Pleased to announce that Peter Brown & Co acted for Lindhill who procured the grant of an airspace development lease to a pension fund, completed a forward funding development agreement, and, entered into a building contract for the erection, design and construction of the development.

Peter Brown

For more details, please click on the link to the Evening Standard article:

https://www-standard-co-uk.cdn.ampproject.org/c/s/www.standard.co.uk/business/investor-agrees-to-fund-new-rental-homes-scheme-in-barking-a4439641.html?amp

Peter Brown confirmed that:

“This was a complex and convoluted transaction requiring a top legal team within our firm. This was a logistical challenge, necessitating coordination with a London Borough, as land owner, who employed three separate firms of lawyers handling different aspects of the project, a cinema operator, a pension fund, as ultimate buyers, plus their legal and professional teams. In the latter stages, the professional teams wrestled with time differences working with parties in Ireland, England, Costa Rica, USA, and, Dubai.”