Madison International Realty acquires 50% of Paternoster Square for £200m


Fladgate LLP has advised US investor, Madison International Realty, on the real estate aspects of the £200m acquisition from Oxford Properties of a 50% share in the Paternoster Square EC4 campus.

The acquisition includes King Edward Court, home of the London Stock Exchange and St Martin’s Court, CBRE’s head office in the City of London.

The Fladgate team was led by partner Matthew Williams (picture), assisted by partner Gavin Whitney and associates Siobhan Doherty and Jennifer Johnson (all real estate).

Fried, Frank, Harris, Shriver & Jacobson LLP acted as US and corporate counsel to Madison.

Oxford Properties will act as asset manager for the new joint venture.

Involved fees earner: Matthew Williams – Fladgate LLP; Gavin Whitney – Fladgate LLP; Siobhan Doherty – Fladgate LLP; Jennifer Johnson – Fladgate LLP;

Law Firms: Fladgate LLP;

Clients: Madison International Realty;

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