Sale of LFO Properties

    Completion Date: 02/11/17

    Target: LFO Properties

    Acquirer: Taylor Wimpey UK

    Deal Value: £10 million plus

    Details: LFO Properties owned a large piece of real estate in Wandsworth with significant development value and planning permissions in place.  It was acquired by Taylor Wimpey with a large overage and earn-out payments contingent upon development and build out. Paris Smith (Jonathan Roy and Jo Spittles) acted for the sellers of the company

    Corporate Finance Advisers: McIntyre Hudson

    Legal Advisers: Paris Smith (Jonathan Roy and Jo Spittles) acted for the sellers of the target. Osborne Clarke for Taylor Wimpey