Acquisition of Marks & Spencer Building in London, UK
2013.11.15.
Yulchon advised Hyundai Asset Management in connection with acquisition of an office building in London, UK. The building is currently mater-leased to Marks & Spencer under a long term lease. The acquisition price is in the amount of GBP 198,000,000 and the deal involved acquisition financing in the amount of approximately GBP 114,000,000. Hyundai Asset Management utilized a tax efficient Jersey Unit Trust structure for this investment, by acquiring 100% units in a Jersey Unit Trust, the long-term leaseholder of the building. The deal also involved extensive negotiation with local property manager and leasing agent for the stable management and operation of the building.
業務分野
.JPG)
