Madison International Realty sells stake in Five Acre Square, 133 Houndsditch to Northwood Investors
Madison International Realty has sold its stake in Five Acre Square, 133 Houndsditch in the City of London to Northwood Investors.
Fried Frank represented Madison International Realty as majority investor in the sale of the circa 200,000 sq ft multi-let office building, to Northwood Investors. This structured disposal followed on from the earlier disposal of Devonshire Quarter to Brockton in March 2019, on which Fried Frank also represented Madison International.
The Fried Frank team was led by corporate real estate partner Darren Rogers and included corporate real estate associates Devina Rana, Freya Dear and Joseph Patchitt, tax special counsel Will Gay and tax associate Thomas Bramall.
Madison International’s co-investor, Nuveen Real Estate, was represented by KL Gates in a team led by partner Christian Major, supported by corporate special counsel Richard Dollimore, real estate associate Chris Swallow and tax partner Giles Bavister.
Northwood Investors were represented by Sidley Austin in a team led by associate Buvini Kularatne.