Delancey and APG Joint Venture acquires Earls Court for £425 million (US$546.3 million)
Clients Earls Court Investment Holdings Ltd
Jones Day represented Earls Court Investment Holdings Ltd, a subsidiary of a joint venture between a fund advised by Delancey and APG on behalf of its pension fund clients, in connection with its £425 million (US$546.3 million) acquisition of EC Group Holdings Limited from a subsidiary of Capital & Counties Properties Plc. EC Group Holdings Limited owns the Earls Court development site in London, including the site of the former Earls Court exhibition centres. Earls Court is London’s largest cleared Zone 1 development site and is one of its most important mixed-use developments.