Derwent London’s Arrangements With Native Land

In UK Slaughter and May, advised on the matter.

Slaughter and May advised Derwent London with a team including John Nevin (Picture – Real Estate), William Watson (Tax M&A and Deal Advisory).

Derwent London signed arrangements to work with Native Land for the redevelopment of 100 George Street, London W1 as a high quality apartment building in the heart of Marylebone. When completed, the 45,000 sq. ft. building will comprise 35 large lateral apartments and six lateral and duplex penthouses. The residential development will form part of Derwent London’s larger 297,000 sq. ft. mixed use development at 19-35 Baker Street on The Portman Estate. The total project comprises a 206,000 sq. ft. new office headquarters at 19-35 Baker Street, the 45,000 sq. ft. George Street apartment building and a 28,000 sq. ft. avenue of boutique retail and food and beverage outlets connecting Baker Street to Gloucester Place. There will also be 10 affordable housing units and a further 12,000 sq. ft. of offices at Gloucester Place. The project will also invest in the public realm, including improving walkways and road crossings around the scheme. Development is due to commence in Autumn 2021 with overall completion expected in Spring/Summer 2025. 

Slaughter and May’s team including John Nevin (Picture), Partner, Mark Gulliford, Associate, William Watson, Partner and Ed Milliner, Senior Counsel.

Involved fees earner: Mark Gulliford – Slaughter and May; Ed Milliner – Slaughter and May; John Nevin – Slaughter and May; William Watson – Slaughter and May;

Law Firms: Slaughter and May;

Clients: Derwent London;

Author: Giulia Di Palma