Maples Teesdale Advises US Embassy on London Site Acquisition

Date:

13/10/2008

Maples Teesdale - Offices Letting - Wandsworth, London

Date: 13 Oct 2008

Specialist commercial property law firm Maples Teesdale advised the United States Government in relation to its acquisition of an almost five acre development site for a new embassy building at Nine Elms Lane in Wandsworth, London from Ballymore Properties.

The deal is conditional on US Congressional approval and planning permission.

Mark Bryan, who led the Maples Teesdale team, commented:

"This deal is of great importance to the United States. The new embassy building is intended to provide a modern, open, environmentally sustainable and secure diplomatic facility in an accessible part of London.

As you can imagine with any deal of this significance there were a number of detailed procedural and legal obstacles to deal with. We are therefore proud to have played a major part in such an exciting transaction".

The Maples Teesdale team also included Declan Power, Neil Sagoo, Roger Thornton and Kate Gallagher.

Ballymore Properties were advised by Wragge & Co (Peter Thorne).