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Savills represented Lend Lease Europe and Quintain in the sale of the share capital in their joint venture Meridian Delta Dome Limited (MDDL) to Trinity College Cambridge for £24m.
Savills has arranged a joint venture capitalisation on behalf of Duke Realty Corporation for the new 460,000 sq ft (42,734 sq m) Baylor Cancer Centre located on the Baylor University Medical Centre campus in Dallas, Texas. Duke’s joint venture partner for the project is Northwestern Mutual Life and the total transaction is valued at approximately $162m.
Savills has advised Sydney-based Charter Hall Group’s (CHG) Core Plus Office Fund (CPOF) on the sale of Atrium, an A-grade commercial office building, for AUS$137m (£76m) to the Swiss-based AFIAA Foundation for International Real Estate Investments. The sale represents one of the largest commercial property transactions in Sydney for the last 18 months.
Eaton Square has long been recognised as one of London’s most prestigious addresses. In 2009 Savills was responsible for the sale of three of just 12 private houses in the square, including this fabulous property, meticulously restored by developer Earlcrown, and sold to a Hong Kong Chinese buyer. The guide price for this house was £40m.
Savills acted as advisors to Arab Investments Ltd in the acquisition of the district centre called ‘Zehlendorfer Welle’ (‘Zehlendorf Wave’) at Clayallee 330, Berlin from OFB Projektentwicklung GmbH for its first German fund. The purchase price was €70m.
Savills Mexico, on behalf of a private domestic buyer and seller, completed an off-market transaction for Sony Corporation’s Mexico Headquarters in the Santa Fe submarket of Mexico City for an undisclosed price. The transaction was Mexico’s only large (over US$10m) transaction for an income producing office building in 2009.
Savills acted as advisors to CMP Group, in the sale of Asiaworld Building to Fubon Life Assurance Co. Ltd for NT$10bn (US$304m).