Howard Kennedy advise Octopus Property on £24m London office acquisition completed in four days
Law firm Howard Kennedy has advised Octopus Property on a commercial bridge used to finance the purchase of a property in Fitzrovia for £24m. The matter was instructed on Thursday 23 February 2017 and completed just four days later on 28 February 2017.
The transaction was made so much easier by the long-standing relationship between the teams at Octopus and Howard Kennedy.
Steve Clinning said: “The transaction was made so much easier by the long-standing relationship between the teams at Octopus and Howard Kennedy which meant they were able to identify any potential issues early and to decide whether they were important or not. It also meant that the process was seamless with the deadline for completion met with relative comfort. It demonstrates the ability of Octopus to meet investor demand in a fast and efficient way, and we are thrilled to have played a part.”
Ludo Mackenzie, Head of Commercial Property at Octopus said: “Without the highly collaborative efforts across both the Octopus and Howard Kennedy teams the deadline would have been unachievable. Thanks go to all involved.”
The purchaser of the property was advised by Memory Crystal.
Howard Kennedy has 53 partners and numbers 350 people in total and works alongside national and international clients across many disciplines, including banking, corporate and commercial, family, finance, employment, dispute resolution, intellectual property, private client, real estate and tax. Howard Kennedy has particular focus on the Financial Services, Media and Technology, Real Estate, Retail and Leisure, Sports Individuals sectors, and, through HK One, the firm’s legal concierge service for high net worth individuals with complex legal needs.
Matt Baldwin, Coast
Tel: 01233 503200 / 07930 439739
Daryl Atkinson, Business Development & Marketing Director