Ropes & Gray Advises Sixth Street on JV Acquisition of Major London Office Campus
Ropes & Gray has advised the London-based real estate team of Sixth Street, a global investment firm, on its platform joint venture with Henley Investment Management, a UK-based private equity real estate firm, and on the joint venture’s first acquisition of a large office campus in West London close to Heathrow Airport. The transaction closed on 4 May 2021.
The New Square campus, in Bedfont Lakes, comprises eight buildings across 374,000 sq ft and is located one mile from Heathrow Airport. It has an existing tenant mix including global, blue-chip corporate and government occupiers.
The Ropes & Gray team was led by private equity real estate partner David Seymour with private equity real estate associates Harriet Banner and David Broome, trainee solicitor Chad Parkinson and antitrust partner Ruchit Patel, all based in London.