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Advising Legal & General on the launch of Guild Living

  • Global
  • United Kingdom

    15-05-2019

     Bold new plans for urban retirement living and the acquisition of two new sites

    Eversheds Sutherland has advised Legal & General Capital on the launch of Guild Living and on the acquisition of Guild Living’s first two sites.

    A cross-practice team from Eversheds Sutherland advised Guild Living, on behalf of Legal & General Capital, on its recent launch. Guild Living will specialise in the development and operation of urban later living communities, with plans to build over 3,000 homes over the next five years, equating to a Gross Development Value of around £2bn. The team also advised Guild Living on the acquisition of a former retail site in Bath, Somerset, and a former NHS site at Epsom, Surrey. Both developments are expected to become operational in 2022, subject to planning approval.

    Dominic Morris, Partner, Real Estate, said:

    “Guild Living is set to generate real momentum in the growth of city centre purpose built retirement communities and we are delighted to be supporting them in the delivery of their innovative schemes.” 

    The Eversheds Sutherland team was led by Dominic Morris, with support from Theresa-Marie Stodell, Partner, Corporate, Henry Bolton, Legal Director, Tax, Megan D’Souza-Mathew, Principal Associate, Real Estate, Emma Purton, Associate, Real Estate, Ed Freeman, Principal Associate, Real Estate, Karen Mutton, Principal Associate, Planning, and Samuel Maw, Principal Associate, Real Estate Litigation.

    Disclaimer

    This information is for guidance purposes only and should not be regarded as a substitute for taking legal advice. Please refer to the full terms and conditions on our website.

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