Wragge & Co has sewn up one of its largest-ever deals for longstanding client the Ministry of Defence (MoD), with the Birmingham giant advising on a £1.2bn PFI project in north London.

The Midlands-based firm first received the mandate in 1997 to advise on the deal, which was signed last month. The deal involves the launch of a 25-year contract for the redevelopment of the Northwood Headquarters agreed with Eastbury Park, a joint venture between Carillion Private Finance and HSBC Infrastructure Fund Management.

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