Elite Partners Capital’s £280m acquisition of 97 property assets across the UK

Eversheds Sutherland, EY and Allen & Gledhill have acted as lead legal advisors for Elite Partners Capital on its acquisition of 97 property assets across the UK through a managed fund.

Elite Partners Capital, an asset management and investment institution based in Singapore, purchased the “Hayhill Portfolio” from Telereal Trillium for £280m through its Elite UK Commercial Fund.

The portfolio includes 97 properties on recently leased office space, primarily to government departments across the UK. Two thirds of the assets are based in the Midlands, the North, Scotland and Wales, and 85% of assets have a Jobcentre Plus facility on site.

Eversheds Sutherland provided corporate, real estate, tax, funds and banking advice throughout the transaction with a team led by partner Lee Jackson (picture).

Involved fees earner: Lee Jackson – Eversheds Sutherland;

Law Firms: Eversheds Sutherland;

Clients: Elite Partners Capital;