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THP Commercial Property team advise LRC Group on acquisition of Magistrates Court

THP Solicitors Commercial Property team, headed by partner Frances Watts, has advised the LRC Group on its acquisition of Magistrates Court, a property comprising of 37 residential units in Barking, London.

Magistrates Court is a part new build and part office to residential conversion, and was acquired with 100% occupancy. LRC Group is a global real estate investment and fund management that has acquired real estate assets with a total value of over €6bn across Europe.

Mital Patel, Senior Acquisitions and Asset Manager at LRC said, “Frances has the combination of deal management, legal knowledge and commerciality that helps us get deals done.”

Frances Watts said, “LRC are highly valued clients of the firm, and we are delighted to have advised and supported the LRC team on this addition to their impressive UK portfolio.”

THP Solicitors’ specialist commercial property team is experienced in advising on high-value real estate acquisitions and disposals. For more information please contact Frances Watts on t: 0118 920 9499 or e: frances@thpsolicitors.co.uk