Memery Crystal advises Low Profile Holdings Ltd on £24 million acquisition of Boston House in Fitzrovia, London

The acquisition of the building, located in London’s Fitzrovia, also involved financing arranged by Buchler Barnett Spencer, Structured Finance Specialists.

The transaction was exchanged in 48 hours and the financing also completed in short order.

Daniel Abrahams, Partner at Memery Crystal, commented: “We are delighted to have supported Low Profile Holdings on the successful acquisition of such a landmark building. We look forward to working with Touker and his team in the future, as they continue to develop and expand their impressive property portfolio.”

Touker Suleyman, Owner of Low Profile Holdings Ltd, commented: “We are grateful to Daniel and the team for their support during this transaction. They were extremely responsive and efficient with the advice they provided, working to very tight deadlines”.

Editors Notes:

Memery Crystal is recognised as a leading law firm for real estate by both Chambers UK and the Legal 500, with expertise in handling acquisitions and disposals, site and project development, funding agreements and all manner of property related disputes. The firm’s clients include some of the largest retailers, development companies and property owners in the UK.

The Memery Crystal team was led by partner Daniel Abrahams, and included Head of Real Estate Matthew Lindsay, Associate Craig Jones, and Solicitor Edward Bartlett.