IBB Goes West with BAM Properties
16th October 2006
IBB Solicitors Chesham continues to demonstrate the strength and depth of its commercial development practice with the completion of three major transactions for BAM Properties Limited over the last two weeks:
First: the exchange of a development agreement with Royal & Sun Alliance Insurance plc that sees BAM Properties Limited appointed to develop out and seek to let and sell new headquarters office buildings at Hempton Court, Aztec West, Bristol.
Secondly: the purchase of Glory Mill, Wooburn Green, High Wycombe for £12.6m,which will see a phased development comprising 197,000 square feet of offices with an end value of in excess of £75m.
Thirdly: the sale of the newly constructed Tower Wharf, Cheese Lane, Bristol headquarters building for over £28m.
IBB commercial development partner Juliusz Wodzianski, who leads the BAM Properties team, says, "Together with other work currently being carried out for BAM Properties and other commercial development clients, the above transactions show that IBB is in the top league of commercial development legal advisers, extending well beyond our West London base. This is consistent with The Legal 500 endorsement of IBB, 'For development, investment and general commercial property, clients would be hard pressed to find better specialist teams than those at Uxbridge-based IBB.'"