Allen & Overy (A&O) and Linklaters are celebrating landing the lead roles on one of the largest ever property deals in London’s West End – Quinlan Private’s £500m acquisition of the prestigious Knightsbridge estate from BP’s pension fund.

The land, located between department stores Harrods and Harvey Nichols, has been highly sought after. Irish investor Quinlan eclipsed the Abu Dhabi royal family and the Reuben brothers to win the bidding war for the freehold of more than 520,000 sq ft of property, which includes retail stores such as Zara, as well as some offices, houses and hotels.