Taylor Wessing advises Meadow Partners on the sale of a £21m commercial property in Midtown

Taylor Wessing advises Meadow Partners on the sale of a £21m commercial property in Midtown

International law firm Taylor Wessing has acted for international fund managers Meadow Partners on the sale of an office building in London’s Midtown to Access Mission Limited (an indirect, wholly owned subsidiary of Hong Kong investor Get Nice Holdings Limited) for £21m.

The property at 9-13 St Andrew Street and 65 Shoe Lane is located opposite Goldman Sachs’ new Head Office in Midtown and comprises 16,772 square feet of offices and ancillary accommodation over the lower ground and six upper floors. It is entirely let to law firm Rosenblatt. Taylor Wessing acted for Meadow London Core-Plus Fund special purpose vehicle St. Andrew Street London LLC in December 2014 on the acquisition of the property for £13.6m and subsequently, in June 2017, on the grant of a reversionary lease to Rosenblatt solicitors, extending the term to 2027.

Paul Leamy, partner in the Real Estate group at Taylor Wessing, said: “We are delighted to have worked with Meadow Partners on the acquisition and lease restructure of this asset and now this disposal, which we swiftly turned around in four days.”

The Taylor Wessing team was led by Real Estate partner Paul Leamy and head of Real Estate Keith Barnett and was supported by Banking & Finance senior associate Gabriel Estevez.

RHTLaw Taylor Wessing is a member of Taylor Wessing, a group which comprises a number of member firms which are separate legal entities and separately registered law practices in particular jurisdictions.