£300 million acquisition of 20 Gresham Street London

Hogan Lovells, the global law firm, has represented the joint venture between NorthStar Realty Europe Corp., which is managed by an affiliate of Colony NorthStar, Inc, and China Resources Land (CRL) on the purchase of 20 Gresham Street, City of London, for approx. £300 Million

The 242,800 sq ft building was bought from AXA Investment Managers and is CRL’s first acquisition in Europe. It is currently let to blue chip tenants including ICBC Standard Bank Plc and TSB Bank Plc.

The deal was led by Hogan Lovells London based real estate partner Daniel Norris (Picture) and corporate partner Derek Meilman.

Involved fees earner: Daniel Norris – Hogan Lovells; Derek Meilman – Hogan Lovells;

Law Firms: Hogan Lovells;

Clients: NorthStar Realty Finance Corp.; China Resources Land Limited;