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Nova-Ambiente provides advice M7 Real Estate on their purchase of Bridgewater Place, Leeds

Nova-Ambiente provided due diligence advice M7 Real Estate to support their purchase of Bridgewater Place in Leeds for £84.5 million.

Nova-Ambiente provided due diligence advice to M7RE on their recent acquisition of Bridgewater Place, Leeds. Bridgewater Place is the tallest building in Yorkshire and comprises 234,000 sq ft of grade A office space, with occupiers including EY, DWF and Eversheds. The property also includes seven ground floor retail units.

The acquisition was completed ahead of a potential initial public offering of the property on the IPSX stock exchange, a new Regulated Investment Exchange regulated by the FCA and the world’s first such exchange dedicated to commercial real estate assets, early in 2021.

The team was led by Oliver Funnell in Nova-Ambiente’s London office.

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