Global menu

Our global pages

Close

Eversheds Sutherland advises Audley Group on luxury retirement village joint venture

  • United Kingdom
  • Global

    26-10-2017

    Eversheds Sutherland has advised Audley Group (Audley), the UK’s leading provider of luxury retirement villages, on its joint venture (JV) with Apache Capital Partners (Apache Capital), a London and Gulf-based private real estate investment management firm, to deliver a 13,750sqm, luxury high-end retirement village in London.

    The scheme has a gross development value of £125m and is situated on Nightingale Lane, overlooking Clapham Common. Construction and development of the scheme is anticipated to commence by mid-2018, with completion expected in 2020.

    The Eversheds Sutherland team was led by Corporate Partner Aleen Gulvanessian. The team comprised: Partner Dominic Morris (Real Estate and Construction), Principal Associates Nicola Evans (Corporate), Ed Freeman (Construction) and Devreaux Gravell (Banking & Restructuring), Senior Associate Megan D’Souza (Real Estate), and Associates Angus Simpson (Corporate), and Lauren Topper (Construction).

    Aleen Gulvanessian, commented:

    “We are delighted to have advised Audley on this significant transaction involving their first London site.”

    Nick Sanderson, CEO, Audley Group, commented:

    “This was a complex transaction which involved advice from the Corporate, Real Estate, Tax, Banking and Planning teams at Eversheds Sutherland. All have a good knowledge of the Audley business and were able to apply that to ensure the structuring of the Joint Venture maximised the opportunity whilst protecting our position.”

    For more information contact

    Aleen Gulvanessian, Partner
    Nicola Evans, Legal Director
    Megan D'Souza-Mathew, Senior Associate

    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.

    < Go back

    Print Friendly and PDF
    Register to receive regular updates via email.
    Print Friendly and PDF

    © Eversheds Sutherland 2020. All rights reserved. Eversheds Sutherland is a global provider of legal services operating through various separate and distinct legal entities.

    Eversheds Sutherland is the name and brand under which the members of Eversheds Sutherland Limited (Eversheds Sutherland (International) LLP and Eversheds Sutherland (US) LLP) and their respective controlled, managed and affiliated firms and the members of Eversheds Sutherland (Europe) Limited (each an "Eversheds Sutherland Entity" and together the "Eversheds Sutherland Entities") provide legal or other services to clients around the world. Eversheds Sutherland Entities are constituted and regulated in accordance with relevant local regulatory and legal requirements and operate in accordance with their locally registered names. The use of the name Eversheds Sutherland, is for description purposes only and does not imply that the Eversheds Sutherland Entities are in a partnership or are part of a global LLP. The responsibility for the provision of services to the client is defined in the terms of engagement between the instructed firm and the client.