Derwent London - Sale of a development site

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Slaughter and May advised Derwent London plc on the sale of a development site at 18-30 Leonard Street, London, adjacent to its existing commercial office building at 1 Oliver’s Yard. The sale was made by way of the grant of a 999-year lease. The Purchaser was a special purpose vehicle of the London Square residential homebuilder’s group. The development will comprise commercial space at basement, ground and first floor levels and seven floors of residential units.

Dermot Rice (partner), Jane Edwarde (partner), David Seymour (associate), Will Bryant (trainee)

Phil Lawrence and Mike Smith of Owen White Solicitors advised London Square.