Real Estate. We provide a full real estate service to the firm s clients. Our practice includes:

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1 Real Estate Detail from Big Blue by Trevor Bell Our Real Estate Group has advised on many of the largest and most innovative real estate transactions that have taken place in the UK. Our breadth of experience combined with our day-to-day involvement with the market enables us to provide sophisticated advice of the highest quality while at the same time remaining rooted in the reality of the market place. We believe that the provision of legal services is essentially a personal business, not a corporate one, and we aim to establish long-term relationships with our clients at all levels. We provide a full real estate service to the firm s clients. Our practice includes: acquisition and disposal of all types of interest in real estate, covering all market sectors They re very good, they re like a onestop shop which is very good from our point of view. CHAMBERS UK, 2015 Slaughter and May remains a firm of choice for many clients seeking advice on big-ticket real estate transactions. CHAMBERS UK, 2013 Known for ability to handle complex and multidisciplinary transactions for highprofile clients. CHAMBERS UK, 2014

2 development, construction and projects ranging from major infrastructure provision and power and energy projects to inner city development and regeneration, both in the UK and overseas leasehold properties covering the whole range of leasehold matters acting for landlords, tenants, lenders and borrowers real estate finance including debt and equity, project finance and securitisations real estate funds including the establishment of indirect international property investment and retail funds outsourcing of all types including sophisticated tax-driven sale and leaseback transactions real estate joint ventures including partnership structures environmental including compliance, management and liability planning issues of all kinds taxation including tax-efficient structures for the holding, management and disposal of real estate dispute resolution on all disputes with a real estate element leisure including hotels, pub portfolios and sports stadia Our experience in all these areas means we can provide integrated advice on the full range of issues arising on any transaction involving real estate. Frequently we can suggest to clients ways in which they can extract additional value from a particular transaction. The Group has the expertise and resources to offer a comprehensive service. Very competent in their ability to turn documents around. CHAMBERS UK, 2015 Clients say that the lawyers are always available, ready with imaginative solutions and show great initiative when called for. CHAMBERS UK, 2013 Slaughter and May is recommended for managing large and complex transactions involving substantial portfolios and multiple parties. THE LEGAL 500, 2014 Their timing and communication are very good. They explain things very well and their depth of knowledge is good. CHAMBERS UK, 2015 The lawyers in the construction group at Slaughter and May draw praise from clients for their attentive manner and understanding of the nuances of cross border projects: They really assisted us in weighing and understanding the risks and educating us in the differences between our system and the UK. CHAMBERS UK, 2012 Slaughter and May ranks with other top property shops in terms of its ability to handle high-end, bespoke transactions. THE LEGAL 500, 2012

3 This real estate practice attracts a variety of clients, some of whom also instruct the firm s extremely impressive corporate group. It offers specialist services in all areas of real estate and can confidently rely upon the firm s other departments to support the wide range of transactions in which it gets involved. Clients particularly appreciate the availability of partners and their business sense. CHAMBERS UK, 2012 Contacts STEVEN EDWARDS T +44 (0) E steven.edwards@slaughterandmay.com Joined firm 1984 Partner since 1990 JANE EDWARDE T +44 (0) E jane.edwarde@slaughterandmay.com Joined firm 2001 Partner since 2006 JOHN NEVIN T +44 (0) E john.nevin@slaughterandmay.com Joined firm 1995 Partner since 2006 If you require further information about our Real Estate Group please contact one of the Partners. They re powerful, with a long reach and influence. They are available, accessible and have good people. CHAMBERS UK, 2014 Slaughter and May s lawyers are some of the best around. THE LEGAL 500, 2013

4 Real Estate Recent Work Some examples of our clients and the recent work we have been involved in. ENGLISH NATIONAL BALLET We advised English National Ballet in relation to its relocation to London City Island. 5 CHURCHILL PLACE L.P. We acted for 5 Churchill Place L.P. on the 208 million purchase of 5 Churchill Place at Canary Wharf and the associated 135 million financing. LEGAL & GENERAL We have advised Legal & General on the acquisition and development of various assets including the 550 million acquisition of the Hyperion Portfolio, the 200 million acquisition of a City of London office and retail building, the acquisition and forward funding of a new Waitrose distribution centre at Magna Park, Milton Keynes and the acquisition of Barking Rail Freight Terminal. LONDON RESORT COMPANY HOLDINGS We are advising London Resort Company Holdings in connection with the proposed development of the London Paramount Entertainment Resort. ARSENAL We advised Arsenal on virtually every aspect of its move from Highbury to the Emirates Stadium including the development of Highbury and the development of mixed use sites at Queensland Road to the south of the Emirates. LEND LEASE We advised Lend Lease on the development of the Stratford City Olympic Village and the associated infrastructure for the 2012 Olympics and also in respect of the retrofit for legacy. THE JOHN LEWIS PARTNERSHIP We acted for the John Lewis Partnership on the pre funding of its defined benefit pension scheme through a property-backed partnership. QATAR NATIONAL BANK We advised Qatar National Bank on the 1.15 billion financing of The Shard of Glass and London Bridge Place. GLOBAL INFRASTRUCTURE PARTNERS We advised GIP on the acquisition of London Gatwick Airport for billion, the 807 million acquisition of Edinburgh Airport and the associated financings. PEEL HOLDINGS We advised Peel Holdings on its 205 million secured financing over a portfolio of 53 properties. PUNCH TAVERNS We have advised Punch Taverns on a number of major acquisitions, disposals, financings, the demerger of the Spirit Group and its capital restructuring. NTT URBAN DEVELOPMENT CORPORATION We advised NTT Urban Development Corporation on the purchase of 20 Finsbury Circus for 43 million, the purchase of 1 King William Street for 67.5 million and the purchase of 265 The Strand for 77 million. OCADO We advised Ocado on the pre-let of its distribution centre in Erith and on the sale and leaseback of its customer fulfilment centre in Dordon with Morrisons. THE CABINET OFFICE We advised the Cabinet Office in connection with the disposal of Admiralty Arch for use as a high-end hotel. MANCHESTER CITY COUNCIL We have advised the City Council on a number of significant matters since DERWENT LONDON We have advised Derwent London over a number of years on a large number of transactions including development proposals for many of its Central London sites and significant acquisitions, disposals,

5 lettings and financings. Recent work has included the acquisition and development of a significant site at Tottenham Court Road, lettings of Stephen Street and various financings. PRICEWATERHOUSECOOPERS We advised PwC in connection with the development of its offices at 7 More London and on the refurbishment of One Embankment Place. DONG ENERGY We advised DONG Energy on the disposal of a 50% interest in the Westermost Rough offshore wind farm. NIMAX THEATRES We advised Nimax Theatres on the purchase of the Palace Theatre and on the financing secured on its portfolio of theatres. ITV We advised ITV on the acquisition of London Television Centre for 56 million. CARILLION We are advising Carillion in connection with the 800 million Airport City development at Manchester Airport. BOURNE LEISURE We advise Bourne Leisure on a range of issues in relation to its leisure sites and on the lease of its headquarters. BRITISH AIRWAYS We acted for British Airways on its move to Terminal 5 at Heathrow and the vacating of Terminals 1-4. LONDON UNDERGROUND LIMITED We advised London Underground in connection with its interests in the redevelopment of White City. PUBLIC SECTOR PENSION INVESTMENT BOARD We are advising PSP Investments in connection with a number of real estate investments. MARKS AND SPENCER We advised Marks and Spencer on the 200 million property-backed pre-funding of contributions for its pension scheme. PEMBROKE REAL ESTATE We advised Pembroke Real Estate on the acquisition of 1 Grafton Street and its financing, purchase and refinancing of 41 Lothbury and the letting and financing of 49 Park Lane. WHITBREAD We have advised Whitbread on various transactions including the acquisition of a number of hotels as part of the expansion of its Premier Inn brand and in connection with the property-backed funding of its pension fund. TAYLOR WIMPEY We acted for Taylor Wimpey on its debt restructuring and also on its real estate-backed pension funding partnership. CENTRICA We have advised Centrica in connection with the sale of various interests in offshore wind farm projects. TERRA FERMA We advised Terra Firma on the 825 million acquisition of Four Seasons Healthcare comprising more than 500 care homes. MANCHESTER AIRPORTS GROUP We advised Manchester Airports Group on the acquisition of Stansted Airport for 1.5 billion. ROPES & GRAY We advised Ropes & Gray on its new London offices at 1 New Ludgate. CLOTHWORKERS COMPANY We advise the Clothworkers Company on the development and letting of its City of London properties, including the redevelopment of 8-10 Moorgate and the redevelopment of 120 Fenchurch Street by Generali. FISHMONGERS COMPANY We advise the Fishmongers Company in connection with its property interests including the sale and leaseback of Lombard House, London EC3, the purchase of Tower Hill Wine Vaults and in connection with the sale of Sugar Quay to CPC Group. LINCS WIND FARM LIMITED We have advised Lincs Wind Farm Limited, a joint venture between DONG, Centrica and Siemens, on the construction, operation and maintenance and financing of the Lincs Offshore Wind Farm. Slaughter and May 2015 RealEstate insert_v2.indd615

6 London Brussels Hong Kong Beijing One Bunhill Row Square de Meeûs 40 47th Floor, Jardine House 2903/2905 China World Office 2 London EC1Y 8YY 1000 Brussels One Connaught Place No.1 Jianguomenwai Avenue United Kingdom Belgium Central Beijing Hong Kong People s Republic of China T +44 (0) T +32 (0) T T F +44 (0) F +32 (0) F F Slaughter and May 2015 RealEstate.indd415