Hogan Lovells has advised LaSalle Investment Management (LIM) on the purchase of the Arena Retail Park in Green Lanes, Haringey, for £53 million. The transaction between Wildmoor and clients of LIM, completed on 18 November.
This deal is one of a number of large purchases Hogan Lovells has completed for LIM this autumn following instructions in the summer, including the purchase of 100 Middlesex Street E1 from Blackstone for £26.5m in September.
John Condliffe, a partner in Hogan Lovells real estate practice, said:
“We are pleased to continue developing our relationship with LIM by completing yet another high value purchase. Our role as adviser on a number of recent transactions demonstrates the increasing value in the commercial property market, and we hope to benefit from this and further strengthen our relationship with LIM in the near future.”
