Invesco’ Acquisition of Morrisons Colindale Superstore

Fried Frank’s new London-based real estate group advised Invesco Real Estate on the deal

Aberdeen Standard Investments has sold an 81,336 sq ft Morrisons foodstore on the Edgware Road, Colindale, North West London, for £43m to clients of Invesco Real Estate – a net initial yield of 4.57%.

Fried Frank advised on the deal with a team including Darren Rogers (Picture), Devina Rana, Joy Chen, Ram Spektor,  Joseph Patchitt (Real Estate) and Will Gay (Tax).

 

Involved fees earner: Darren Rogers – Fried Frank Harris Shriver & Jacobson; Devina Rana – Fried Frank Harris Shriver & Jacobson; Joy Chen – Fried Frank Harris Shriver & Jacobson; Ram Spektor – Fried Frank Harris Shriver & Jacobson; Joseph Patchitt – Fried Frank Harris Shriver & Jacobson; Will Gay – Fried Frank Harris Shriver & Jacobson;

Law Firms: Fried Frank Harris Shriver & Jacobson;

Clients: Invesco Real Estate;