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Trowers & Hamlins advise on sale of Aldwych House

Trowers & Hamlins advise on sale of Aldwych House

International law firm Trowers & Hamlins has advised GI Partners on the sale of Aldwych House, WC2 in a deal worth more than £200m. The firm led on the corporate and financing aspects of the transaction.

Trowers & Hamlins initially acted for GI Partners on its acquisition of Aldwych House through a special purpose vehicle in 2011 and has continued to act for GI during its successful investment period.

The transaction also saw GI's development partner Rowan Strategic Asset Management sells its stake in the property as part of a full exit.

Corporate partner Alison Chivers, who led on the deal said:

"This multifaceted deal required us to draw on the different areas of expertise from across the corporate team. It meant using our full resources to achieve a great outcome for our client and we were able to complete the transaction within an extremely tight timescale"

The team was led by Alison Chivers and Tim Nye assisted by Sarah Jane Purser and Melanie List.