Slaughter and May and Freshfields Bruckhaus Deringer have taken the lead roles on the latest rights issue to emerge from the real estate sector. Land Securities - the UK's largest property company - has taken a proposal to its shareholders to raise almost £756m to strengthen the company's balance sheet and protect it against the economic downturn.The Slaughter and May team advising longstanding client Land Securities was led by corporate partner Gavin Brown.
February 20, 2009 at 05:33 AM
1 minute read
The original version of this story was published on Legalweek
Slaughter and May and Freshfields Bruckhaus Deringer have taken the lead roles on the latest rights issue to emerge from the real estate sector.
Land Securities – the UK’s largest property company – has taken a proposal to its shareholders to raise almost £756m to strengthen the company’s balance sheet and protect it against the economic downturn.
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