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another gold star for martineau johnson as £13m sale is concluded 01/07/2008
The property team at Birmingham-based law firm, Martineau Johnson, has successfully completed the £13m sale of the former Lansdowne Road Campus in Bedford to Storey Property Developments Ltd. The Martineau Johnson team continues to strengthen its position as a leading national choice for education property law expertise, with this latest deal coming hot on the heels of a number of other high profile transactions, including the successful exchange of contracts between Bournville College and St Modwen Developments to acquire part of the former Roverworks, Longbridge site in Birmingham. Working on behalf of De Montfort University, the Martineau Johnson team swiftly concluded the sale and advised on complex matters relating to the site.
Simon Coghlan, partner in Martineau Johnson's property team, who led the deal, assisted by Senior Associate Bhavesh Amlani, says: "We were delighted to have this opportunity to work with DMU on such an important deal. Time was of the essence and we worked hard to hit the ground running and complete the sale as quickly as possible.
John Rice, head of Martineau Johnson's property department says: "Our 50-strong property group has completed deals worth £1.5bn over the past year, acting for a range of clients including developers, institutional investors, banks, PLCs, as well as Further Education & Higher Education institutions, so we have the experience and expertise to successfully handle deals of this nature."
Martineau Johnson is one of the UK's leading independent law firms with offices in Birmingham and London. The firm provides a full range of commercial legal services to more than 90 universities and colleges across the country, and is currently working on a number of construction projects at Colleges and Universities in the UK.
For further information please contact Simon Coghlan on
simon.coghlan@martineau-uk.com
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