IFLR1000

Legal & General £102 million acquisition of Helical retirement villages portfolio

20/11/2017
Real estate acquisition
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£ 102 million

$ 136 million

Announced

20/11/2017

Overview:

  • Legal & General has acquired a retirement villages portfolio from Helical for £102 million.
  • Helical has transferred £46 million debt in exchange of 50% of the sale proceeds.
  • The acquired portfolio includes four retirement villages.

 Katrin Kostadinova - Data analyst 

Jurisdiction:

United Kingdom

Deal type:

Real estate acquisition

Practice areas:

M&A
Real estate acquisitions

Governing law:

England and Wales

Industry sector:

Real estate

Firm:
Mishcon de Reya

Party: Helical (Seller)

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