Eversheds Sutherland has advised Bayerische Landesbank (BayernLB) on the financing of 100 New Oxford Street, London, a mixed-use commercial property. BayernLB financed 50 per cent of the £180 million purchase price.
Acquired by AEW (for two German institutional investors), one of the world's largest real estate asset manager, and Thor Equities, a leading development, leasing and management company, 100 New Oxford Street houses shops, restaurants and offices.
The international Eversheds Sutherland team comprised of Partners Thomas Ziegler (Real Estate, Munich), Robert Ludwig (Banking, London) and David Emberson (Real Estate, London). Sheena Wells (Principal Associate, Corporate), Deepesh Upadhyay (Principal Associate, Tax), Tristan Dollie (Associate, Banking), David Marshall (Associate, Real Estate, All London), Jennifer Hock, Dominik Sailer (both Associates, Real Estate, Munich).
Eversheds Sutherland’s German Real Estate practice regularly advises on international transactions. The opening of the fourth German office in Dusseldorf and the addition of renowned business, insurance and real estate lawyers including Dr. Johannes Grooterhorst, the team is now widely recognised as a leading player in the German market.