Dickinson Dees, the ratings of leading regional law firm with offices in Thornaby, advised on a £ 75m.
The development group, Terrace Hill sold more than 500 units of housing in Clapham, Ealing, Kennington, Watford and Milton Keynes, Swedish private housing company, for £ 75.3m Akelius.
Terrace Hill Group is the developer behind the £ 7m Skelton Asda plans. Being based in London, with offices in butwith Teesside, Bristol, Manchester and Glasgow.
Experts from specialist property Dickinson Dees, residential investment, tax, construction, labor and corporate teams engaged in completing the deal. Lead partner Duncan Fisher and Nigel Emmerson Dickinson Dees team.
Mr Fisher said: "This is an exciting project to work on, all the more because he was involved in the Swedish property group.
"It is particularly satisfying for us to see the process through from start to finish, get a recommended portfolio of properties ranging from a few years ago."
Philip Leech, chief executive at Terrace Hill, said: "This sale marks an important step in our strategy of divesting portfolio of housing investment company and we look forward to making additional sales during the year. '
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