Morgan Cole acted for Bro Taf Health Authority, on behalf of the Welsh National Assembly, on the sale of the former Prince of Wales Orthopaedic Hospital and National Blood Transfusion Centre at Rhydlafar, Cardiff. The site was sold for £10m to a partnership of Wilcon Homes and Barratt Homes. In June, Cardiff County Council granted planning permission for 155 homes to be built on the site. The National Assembly and the Health Authority are entitled to a share in the profits made by the developers. Commercial property partner Philip Stewart headed the Morgan Cole team. Edwards Geldard, led by commercial property partner Kathryn Gates, represented Wilcon Homes. Hugh James Ford Simey, led by conveyancing partner David Roberts, represented Barratt Homes.
Rowe & Maw advised Henderson Investors on its purchase, on behalf of Pearl Assurance, of the freehold interest in Kingsmead Business Park, High Wycombe. Standard Life Investments sold the property for £46.3m. Commercial property partner Spencer Williams and property partner Lesley-Anne Avis led the Rowe & Maw team. Property solicitor Lisa Black of Herbert Smith acted for Standard Life.
