Eversheds and Reed Smith both took lead roles as property investment and development company SEGRO sold its IQ Winnersh business park to a joint-venture for £245m. The JV is comprised of assets management firm Oaktree Capital Management and German-headquartered real estate company Patrizia AG, with the purchase of the Reading-based industrial park the JV’s fourth acquisition in as many months.
August 04, 2013 at 07:03 PM
1 minute read
The original version of this story was published on Legalweek
Eversheds and Reed Smith have taken lead roles on property company SEGRO’s £245m sale of its IQ Winnersh business park in Reading to a joint venture (JV).
The purchase by asset management firm Oaktree Capital Management and German real estate company Patrizia marks the JV’s fourth acquisition in as many months.
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