London—Dentons’ Real Estate team has advised a joint venture between global real estate investment management firm Heitman and independent real estate company Greycoat on the acquisition of a 20,000 ft2 (1,860m2) office building in prime Central London from Hines European Core Fund (HCEF).
Originally constructed in the 1950s, it is fully let to Stonehage Fleming, a family office adviser.
Evan Z. Lazar, Co-Chairman of Dentons’ Global Real Estate Group, said: “We were delighted to have advised the Heitman and Greycoat joint venture on the acquisition of a prime office asset in central London. For more than 20 years Heitman has been choosing Dentons to help them grow and add value to their portfolio in markets across Europe and we look forward to further supporting them and Greycoat in achieving their goals.”
The Dentons’ acquisition team was led by Jayne Schnider corporate partner and Alex Coulter real estate partner, both based in London.
Dentons with 1500 real estate lawyers globally has the largest real estate team of any firm worldwide. Of those real estate lawyers an integrated team of 450 cover the European markets.