Nabarro Acts For Kish Holdings Limited On Sale Of Kish One Limited, Owner Of The Daily Telegraph HQ, For £206 Million

Profession:Nabarro LLP
 
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Nabarro has acted for Kish Holdings Limited, which was advised by Green Property, in relation to the sale of the whole of the issued share capital of Kish One Limited for over £206 million. Kish One is the owner of 111 Buckingham Palace Road, the Headquarters of the Telegraph Media Group, publishers of the Daily Telegraph and the Sunday Telegraph.

The transaction was completed in three weeks and involved the sale of the shares in the special purpose vehicle (SPV) that owns the property, Kish One Limited, which is an Isle of Man company. Nabarro dealt with all the due diligence and disclosure exercise in relation to Kish One and the underlying property and drafted and negotiated the share sale agreement, tax deeds and all ancillary documentation on behalf of Kish Holdings.

Heading up the Nabarro team was Real Estate partner, Kevin Stimpson, and Corporate partner, Jeremy Phillips. They were assisted by Corporate senior associate John Finnemore and associate Sioned Bates, Banking partner, Mike Delaney and associate, Tumi Jegede, Real Estate senior associate, Neil Dryer, Tax partner Kirsten...

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