30 July 2013

Carey Olsen advises British Land on £470m Paddington Central acquisition

A corporate team from Carey Olsen in Jersey has advised British Land on its £470 million acquisition of the majority of Paddington Central, an 11 acre mixed use estate in London’s West End comprising seven separate modern buildings, and a retail and leisure cluster, totalling 1.2 million sq ft.

The Carey Olsen team was led by partner Alex Ohlsson and included senior associate Colin Masterton and associate David Taylor.  The team worked alongside SJ Berwin, as British Land's English lawyers, in a complex transaction that involved a number of separate vendors.