Norton Rose Fulbright and Mayer Brown lead as China insurer buys Lloyd's building
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.
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.
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