16 Oct 2019 | 03:16 pm |
International law firm Pinsent Masons has advised Ebbsfleet Development Corporation (EDC) on the acquisition of land from Ebbsfleet Investment GP Limited for a landmark regeneration project.
The acquisition, which is a crucial aspect of Ebbsfleet's plans for a 15,000 home sustainable garden city, will deliver a new commercial and residential centre within the Garden City providing jobs, homes, community and cultural facilities.
A team at Pinsent Masons was led by real estate partner David Meecham including senior associates Louise Wager and John Edwards and solicitor Matt Latchem.
Commenting on the deal, David Meecham, said: "This large scale acquisition of land will be a game changer for Ebbsfleet's ambition to become a garden city providing a wealth of new opportunity for the regeneration project.
"The acquisition represents a significant foothold for the development corporation and will serve as the backbone to their delivery over the coming years."
The deal is the latest of land acquisitions by the EDC. In September the corporation acquired a 1.26 hectare site of unoccupied land in Northfleet from Kent County Council.
Pinsent Masons has advised Bestinver Infra, FCR on the acquisition of the remaining shares in N6 (Concession) Holdings Limited and N6 (Operations) Ltd, with Japanese co-investor Daiwa Energy & Infrastructure Co. Ltd.
Multinational law firm Pinsent Masons has advised Sandoz on the acquisition of the remaining shares in Rowex Limited, a joint venture in Ireland between Sandoz and Rowa Pharmaceuticals.
Multinational law firm Pinsent Masons has advised Lloyds Bank on the launch of a £62 million investment fund to help small businesses across England and Wales access finance to support local jobs and economic activity.
Multinational law firm Pinsent Masons has hired Corporate Real Estate/M&A partner Jon Blackburn to join its Real Estate sector team in the firm’s London office.
Multinational law firm Pinsent Masons has continued to grow its property team in Australia with the appointment of Florence Riviere as a planning and environment partner in Melbourne.
Multinational law firm has hired property partner Patricia Pérez Lago in Madrid to join the firm’s real estate sector.
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