Clifford Chance (CC) and Mayer Brown have taken lead roles on JP Morgan's £495m acquisition of Lehman Brothers' former London headquarters. The 25 Bank Street building in Canary Wharf will now serve as JP Morgan Investment Bank's new European headquarters, with the bank granted a 999-year lease on the building, which has more than one million sq ft of floor space. The building's current tenants include the Financial Services Authority, NYSE Euronext and Jones Lang LaSalle. However, it will be completely vacated by March this year and will then be occupied exclusively by JP Morgan.
January 04, 2011 at 07:13 AM
1 minute read
The original version of this story was published on Legalweek
Clifford Chance (CC) and Mayer Brown have taken lead roles on JP Morgan’s £495m acquisition of Lehman Brothers’ former London headquarters.
The 25 Bank Street building in Canary Wharf will now serve as JP Morgan Investment Bank’s new European headquarters, with the bank granted a 999-year lease on the building, which has more than one million sq ft of floor space.
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