Birketts has advised Cambridgeshire County Council on its acquisition of Evolution Business Park in Cambridge.
This £28m deal is the latest move in the Council’s ongoing strategy to broaden its investment portfolio in order to generate the revenue that will enhance the much needed front line services operating for the people of Cambridgeshire. This latest property investment acquisition is set to give the Council a good rate of return in line with its investment objectives.
The deal was led by Dwight Patten (Picture – Legal Director, Commercial Property) with support from Charmaine Rolfe, Ryan Bigland, Cara Keen, Caragh Hargreaves and Cameron Barlow (Commercial Property), Tim Hall and Sophie Thornley (Construction), Ros Nuttall (Planning), Andrew Rush (Public Sector) and Karl Pocock and Ben Clarke (Tax).
Involved fees earner: Ryan Bigland – Birketts LLP; Ben Clarke – Birketts LLP; Tim Hall – Birketts LLP; Cara Keen – Birketts LLP; Ros Nuttall – Birketts LLP; Dwight Patten – Birketts LLP; Karl Pocock – Birketts LLP; Charmaine Rolfe – Birketts LLP; Andrew Rush – Birketts LLP; Sophie Thornley – Birketts LLP;
Law Firms: Birketts LLP;
Clients: Cambridgeshire County Council;