Gowling WLG advised NFU Mutual on the deal.
NFU Mutual invested in £100 million worth of new warehousing, equating to six new logistics facilities throughout the UK.
NFU Mutual has exchanged contracts with East Midlands based Clowes Developments to deliver six new logistics facilities. Totalling in excess of one million sq ft, NFU Mutual is investing substantially across three Clowes Developments premier logistics sites, with two new facilities at each of the East Midlands Distribution Centres (EMDC), Castlewood Business Park and Centrix Park. The size of the units will range from 58,586sq ft at Centrix Park to a unit of close to 250,000 sq ft at EMDC.
Advisors to NFU Mutual on the transaction were: Burbage Realty and PSK (Property) and Gowling WLG (Legal).
Advisors to Clowes were FHP Property Consultants (Property) and Geldards (Legal).
Client partner, Dan Gwilliam (Picture), led the advice from Gowling WLG. Dan was joined on the team advising NFU Mutual by partners Philip Baker, Vicky Fowler and Chris Nyland, principal associates Hannah Daeche, Philippa Satterthwaite, Meera Lakhani and Heather Hill, legal directors Susannah Fink and Denise Sexton, and associate Sam Cooper.
Involved fees earner: Philip Baker – Gowling WLG; Sam Cooper – Gowling WLG; Hannah Daeche – Gowling WLG; Susannah Fink – Gowling WLG; Vicky Fowler – Gowling WLG; Dan Gwilliam – Gowling WLG; Heather Hill – Gowling WLG; Meera Lakhani – Gowling WLG; Chris Nyland – Gowling WLG; Philippa Satterthwaite – Gowling WLG; Denise Sexton – Gowling WLG;
Law Firms: Gowling WLG;
Clients: NFU Mutual;