An Ogier team, led by partner Simon Dinning working alongside London-based Oliver Richardson and Jersey-based Chloe Watson-Hill, has advised long-standing client Northwood Investors on its sale of Templar House, 81-87 High Holborn and 24-27 Eagle Street, Holborn, London, to CER Investment Sarl.
The deal is the latest in a line of UK real estate transactions that Ogier has advised on, including the £90 million acquisition of CAA House and the recent £140 million sale of the Lakeside Harbour office campus.
Formerly the home of London Underground Ltd, the 140,000 square foot Holborn building will become office space provider Uncommon’s flagship site, providing flexible workspace for over 2,000 people.
Simon Dinning said:
“We were very pleased to act once more for Northwood Investors on this major real estate deal. The demand for flexible working spaces is increasing, and we are seeing a rise in these kinds of transactions.”