SJ Berwin and Simpson Thacher & Bartlett have picked up lead roles as British Land prepares to sell half of London's Broadgate Circle to US private equity house Blackstone Group. City firm SJ Berwin is representing longstanding client British Land on the deal, which will see the two companies form a 50:50 joint venture, through which two Blackstone real estate funds will buy the stake in Broadgate, which is valued at £2.13bn.
September 18, 2009 at 08:25 AM
1 minute read
The original version of this story was published on Legalweek
SJ Berwin and Simpson Thacher & Bartlett have picked up lead roles as British Land prepares to sell half of London’s Broadgate Circle to US private equity house Blackstone Group.
City firm SJ Berwin is representing longstanding client British Land on the deal, which will see the two companies form a 50:50 joint venture, through which two Blackstone real estate funds will buy the stake in Broadgate, which is valued at £2.13bn.
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