JLL has submitted its merger with King Sturge as a candidate for the Deal of the Decade Awards.
The £197 mln (€235 mln) deal was ‘a merger of equals with a strong cultural and strategic fit', the advisor said. The merger resulted in a 'complementary business creating the UK and Europe's leading property advisor and investment agency', JLL said in the motivation for its submission.
In total JLL has submitted 19 deals including the merger with King Sturge. This is the highest number of deals submitted by a single advisor so far.
The advisor has also submitted a string of deals in London including the acquisition of 22 Bishopsgate by AXA Real Estate; the acquisition of a 25% stake in the Regent Street Estate in London by Norwegian wealth fund Norges Bank; and the acquisition of Devonshire House, London by Ponte Gadea.
JLL has submitted two deals in Moscow where it acted as advisor: the sale of the Metropolis Shopping Center to Morgan Stanley Real Estate Fund VII and the sale of White Square Office Center to O1 Properties.
Over the summer, our project team will be urging other advisors and investors to submit their candidates ahead of a selection for the shortlist. The submissions will be announced in our daily newsletter during July and August ahead of a readers’ vote in the autumn. The Deal of the Decade Awards will be presented during a ceremony in Amsterdam in December.
Do you have a deal that you would like to submit for the Deal of the Decade Awards? For more information, go to: propertyeu.info/content/awards or mail irina@propertyeu.info
