Linklaters advises Oxney Investments Limited on the sale of Albany House in London

Linklaters has advised Oxney Investments Limited on the sale of Albany House in London’s City of Westminster borough to UK-based real estate and hospitality firm Integrity International Group for £47 million.

Albany House, located on Petty France, London, is adjacent to St James’s Park Underground Station. This freehold property encompasses approximately 5,300 square metres (57,000 square feet) of office space spread across 12 storeys, and includes parking spaces situated at the basement and surface levels. Since 1999, the premises have been leased to London Underground Limited.

Oxney Investments Limited is a wholly-owned subsidiary of China Motor Bus Company, Limited, a company listed on the Hong Kong Stock Exchange.

The Linklaters Real Estate team was led by partner Patrick Plant and managing associate Robert Daboul.

The firm’s real estate lawyers are recognised as market leaders and advise on some of the largest and most complex transactions. Their clients, including developers and investors; landlords and tenants; and lenders and borrowers, benefit from our embedded M&A, real estate finance, tax, investment, construction, planning/zoning and ESG expertise.

They have recently also advised:

  1. USS on its £405m acquisition of more than 3,000 shared ownership homes
  2. 334 Ramsbury Oxford Limited on largest pre-let agreement in the West End this year to date
  3. Cromwell on the sale of its European management platform and associated co-investments to Stoneweg for €280m