Bird & Bird advises Gulf Islamic Investments on the approximately £140 million acquisition of one of the most prominent office and retail buildings in central Birmingham

06-2019

International law firm Bird & Bird advises Gulf Islamic Investments on the approximately £140 million acquisition of one of the most prominent office and retail buildings in central Birmingham, Priory Court and The Lewis Building.

Bird & Bird advised on the transaction to acquire the corporate structure which owns Priory Court and The Lewis Building in central Birmingham

The Bird & Bird team was led by London corporate partner Clive Hopewell and also involved partners Samrad Nazer (Finance, London), Jonathan Baker (Real Estate, London), legal director Simon Gough (Tax, London) and associates Richard Bloomfield (Corporate, London), Freddie Spearman (Corporate, London), Jennifer Bird (Finance, London), Hanna Nanda (Finance, London) Kathryn Noble (Real Estate, London), Emma Brindley-Raynes (Real Estate, London), James Bradbury (Real Estate, London), Andrew Rink (Tax, London) and Surabhi Singhi (Corporate, UAE).

Clive Hopewell, Corporate partner at international law firm Bird & Bird says: "We were delighted to be involved in this very high profile M&A transaction with Gulf Islamic Investments. It was a complex Islamic Finance deal relating to the acquisition of units in a Jersey unit trust structure which involved our lawyers from both the UK and the UAE. This deal was a great opportunity to showcase our international Corporate, Islamic Finance and Real Estate expertise in the M&A space. I very much look forward to working with the team at Gulf Islamic Investments in the future. "

Puneet Kataria, Head of Global Real Estate Investments at Gulf Islamic Investments adds: "It has been a pleasure working with the team at Bird & Bird. Their expert advice in Real Estate M&A transactions meant that we could react quickly and efficiently throughout the whole process of the deal. I look forward to working with the team at Bird & Bird in the months ahead."