BCLP advised Grosvenor on high-profile £1.2bn joint venture with Norges Bank

International law firm BCLP advised Grosvenor on its joint venture with Norges Bank, involving a portfolio of properties located in Grosvenor Street and Mount Street in the west end of London, all valued at c£1.2bn.

The transaction involved multiple complex leasing and title issues, as well as corporate structuring and sale mechanics.

Nathalie Hakim, Executive Director, Grosvenor, commented, “This is a big milestone in the history of Grosvenor’s London Estate and importantly sets us up to deliver on the next decade of opportunities. [BCLP’s] tireless support and dedication over the last 12 months have been hugely appreciated by us all and we have truly valued working with such a fantastic legal team.”

Kieran Saunders, Partner and Global Practice Group Leader, commented, “This transaction represents a significant milestone for BCLP, not only due to its high-profile nature but the exceptional expertise of our team in navigating and delivering complex, high-value transactions.”

The team was led by Kieran Saunders (Corporate Real Estate Funds) and Chris Rowe (Core Real Estate), assisted by a core team comprising Naomi Emerton, Grace Watling, Clare Dempsey, Lauren Hunnisett, and Elasah Mastin (Core Real Estate); Jack Pepper and Kirila Bucheva (Corporate Real Estate Funds); Elizabeth Bradley and Paul Williams (Corporate Tax).

Further invaluable assistance was provided by Alex Fagleman, Bradley Fisher, Charlotte Frances, Charlotte Scott, Charlotte Tullis, Christine Lewis-Ethelston, Claire Milton, Dorcas Olabisi Idowu, Elizabeth Davies, Faye Russell, Firas Al-Hamed, Freya Scott, Gareth Stringer, Geraldine Scali, Jameelah Ahmed, Janany Kathirgamanathan, Jasmine Sherr, Jessica Parry, JT Thomas, Karen English, Katherine Pope, Katie Philpot, Kevin Shine, Kristina Middleton, Laura Wild, Lucy Weld, Lydia Barlow-Fell, Maite Aguirre, Marisol Aspinell, Megan Davies, Molly Finder, Olivia Hickson, Olivia Wint, Patricia Johnston, Rebecca Maxwell, Richard Brearley, Rohin Kanji, Rui Ci Lee, Ruth Miller, Sally Thomson, Samantha Blackburn, Samantha Hodgkinson, Samantha Scott, Sandra Kowalewska, Sapna Shah, Sunita Chawla, Victoria Blanchard and Wendy Beer.