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2007-03-13
Great Britain | Commercial Property Europe
Great Britain: Corporate and commercial law firm SJ Berwin’s real estate department has advised a Gazeley/Land Securities Joint Venture on the sale of Unit 1 Magna Park MK, to The Crown Estate for approximately £73 million. The building is a distribution warehouse currently under construction and pre-let to John Lewis plc. It is the first sale of the development. The SJ Berwin team was led by real estate partner Michael Scott, assisted by associate Louise Cartwright. Richard Read of Burgess Salmon advised the Crown.
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