Norton Rose Fulbright and Mayer Brown have taken the lead roles on Commerz Real's high-profile sale of London's iconic Lloyd's building to Chinese insurance giant Ping An. The One Lime Street landmark, the headquarters of insurance market Lloyd's of London, has been sold for £260m in a deal that closed earlier this month. Norton Rose Fulbright's real estate practice advised a fund managed by longstanding client Commerz Real on all legal aspects of the sale, with a team led by City real estate partner David Hawkins. Frankfurt partner Oliver Sutter provided support on German law matters.
July 25, 2013 at 07:03 PM
1 minute read
The original version of this story was published on Legalweek
Norton Rose Fulbright and Mayer Brown have taken the lead roles on Commerz Real’s high-profile sale of London’s iconic Lloyd’s building to Chinese insurance giant Ping An.
The One Lime Street landmark, the headquarters of insurance market Lloyd’s of London, has been sold for £260m in a deal that closed earlier this month.
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