A three-strong team acted for Warner Estate Holdings plc on the sale of eleven industrial properties in various locations to the Ashtenne Industrial Fund for over £41m. We were the lead Firm, co-ordinating with other law firms and negotiating the contract.

The transaction involved detailed negotiations relating to outstanding claims against tenants for dilapidations. The deal was structured in a way that would allow Warner to benefit from capital allowances in respect of some of the properties.