derwent london plc (DLN:London)
Transactions by DERWENT LONDON PLC (DLN) in the last 6 months
Derwent London plc (LSE:DLN) agreed to acquire site above Tottenham Court Road station, W1 from Crossrail Limited for £55 million on July 14, 2015. Under the terms of the deal, Derwent will not pay for the site until development is completed, following which it will pay Crossrail a ground rent of 5% of the total rent roll in the commercial space, as well as 16% of the development profit.
Derwent London plc (LSE:DLN) entered into a contract to acquire Aldgate Union from The Royal Bank Of Scotland plc for approximately £130 million on July 13, 2015. The transaction is expected to close in December 2015. DTZ advised The Royal Bank Of Scotland plc on the transaction. Simon Sporborg and Nina Coad of Brunswick Group acted as PR advisors to Derwent London. Jane Edwarde, Andrea Shepherd, Mark Gulliford, Tom Inker, Ed Milliner of Slaughter and May acted as legal ...
LaSalle Investment Management Inc. entered into an agreement to acquire unknown majority stake in 22 Kingsway WC2, Mark Square House EC2 and 9 and 16 Prescot Street from Derwent London plc (LSE:DLN) for approximately £120 million on February 11, 2015. LaSalle Investment will acquire 50% stake in 9 and 16 Prescot Street. As reported, in a property swap arrangement, Derwent London plc exchanged contracts to acquire a minimum 175-year long leasehold of 20 Farringdon Road, ...
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