Walkers Advises on c.£100 million Acquisition of 10 Fenchurch Street

Walkers (London) has acted as British Virgin Islands counsel to the purchaser on its entry into a sale and purchase agreement for the acquisition of 10 Fenchurch Street, for circa £100 million.

10 Fenchurch Street is an 11-storey commercial building, located in the heart of the City of London, providing approximately 77,652 sq. ft. of office and retail space.

Partner Neil McDonald led the Walkers London team which acted as British Virgin Islands counsel to the purchaser, and was assisted by associate Thomas Mawson.

Mr McDonald commented that Walkers was "delighted to be acting on the acquisition of this prominent building located in the heart of London's insurance district" and said that the Walkers team was "firmly focused on assisting the purchaser in reaching completion of the transaction".

The Walkers' team was instructed by CMS Cameron McKenna Nabarro Olswang LLP.