Sale of LFO Properties
27 November 2017
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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