Mayer Brown advises as London’s Real Estate continues to attract high profile Asian investors
8 November 2013
London - Leading global law firm Mayer Brown has advised China Overseas Holdings on its £170m acquisition of Centrium, 61 Aldwych. With a total asset value exceeding $25 billion, China Overseas Holdings is one of the largest real estate developers focused in Mainland China and this is their second acquisition in London.
Chris Harvey, Head of Real Estate Investment, said: "London continues to be a target for international real estate investors and we are delighted to have assisted China Overseas Holdings on their second high quality acquisition outside of China. Mayer Brown has acted for a number of overseas investors on large acquisitions this year and there is little doubt that overseas investment, particularly from Asia, will continue to grow in 2014.”
Mayer Brown also advised China Overseas Holdings on its £152m purchase of 1 Finsbury Circus, London at the end of 2012 and Ping An Insurance on the acquisition of the Lloyds of London Building for £260m earlier this year.
The Mayer Brown team was led by Chris Harvey, Head of Real Estate Investment, and included Environment partner Michael Hutchinson; Real Estate senior associates Kirsty Sherwood, Rose Meller, Kerry Middlemiss and Danielle Gerber and associate Caroline Brennan; Tax Transactions & Consulting senior associate Ben Fryer and Construction & Engineering associate Peter Parten.