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27 Nov 2017

Stephenson Harwood advises LondonMetric on warehouses acquisition

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Law firm Stephenson Harwood LLP has advised LondonMetric on the acquisition of two UK logistics warehouses for £48 million.

In Nottinghamshire, the FTSE 250 real estate investment trust has acquired a 364,000 sq ft unit let to Clipper, a UK logistics provider, on a 20 year lease. In Speke, Liverpool, LondonMetric has acquired a 132,000 sq ft unit, which is let to Gefco, a global logistics company.

The Stephenson Harwood team was led by real estate partner Jonathon Wilkes and senior associate Ashley Davidson, and included senior associate Lorrae Hendry and associate Richard Pike.

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