Cases & Deals

DV4 and Oxford Properties form DOOR

Client(s) DV4 Limited

Jones Day advised DV4 Ltd (“DV4”), which is advised by Delancey Real Estate Asset Management Ltd, on the sale of DV4's interests in Get Living, the UK’s leading privately backed residential company, to Delancey Oxford Residential (“DOOR”) a new co-investment platform with initial capital commitments of £600 million; the establishment of DOOR, which includes the joint venture between DV4 and Oxford Properties; and on real estate matters related to the London scheme, Elephant Central in Elephant and Castle which is part of the Get Living portfolio. DOOR will take approximately 39 percent ownership of the Get Living portfolio while APG and Qatari Diar will hold 39 percent and 22 percent, respectively.