Lovells - Retail Sale - Swindon, The Lock at Canal Walk

Date: 22 Oct 2002

Job: Sale of The Lock at Canal Walk, Swindon.

Client: The Local Authorities' Mutal Investment Trust (the owners of the development).

Fee Earners: Francis Giacon and John Condliffe.

Value: £19.3 Million.

Status: Completed on 30 September 2002.

Further Details: Cobbetts, Lovells and Freshfields Bruckhaus Deringer were recently involved in the £19.3m sale of The Lock at Canal Walk, Swindon: this is a multi-let retail development which boasts some high profile tenants including Costa Coffee, Vodafone, First Sports and The Disney Store.

The transaction saw a high degree of co-operation and expedition between the three firms to ensure completion of the sale by the agreed deadline of 30 September 2002.

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