Slaughter and May advised Appold Broadgate Owner S.a r.l. on its acquisition of Bavaria House, London EC2, from Bayerische Landesbank. The transaction involved the grant of a one-year leaseback of the building to the vendor. Bavaria House, which measures 43,000 sq ft and occupies an island site on the edge of the Broadgate Estate, is considered to have potential for redevelopment into a mixed use tower scheme.

CONTACTS

Real Estate: John Nevin (partner), Samantha Brady (associate); Financing: Steven Galbraith (partner), Victoria Judd (associate); Tax: William Watson (partner).