Mishcon de Reya has advised long standing clients of the Firm, Matterhorn Capital (Anthony Lyons and Simon Conway), in their joint venture investment alongside other prominent investors in the acquisition led by Moor Park Capital Partners of a portfolio of 378 Spanish bank branches of Banc Sabadell - Spain's 4th largest bank. The transaction incorporated a sale and leaseback arrangement with a total investment value of €403 million. Mishcon also advised Ombeter Properties Limited, another investor in the transaction.

 

The deal is one of the largest real estate transactions in Spain in 2010, and is Moor Park's first transaction in the Spanish market. Moor Park Capital Partners is an opportunistic real estate investor focused on Continental Europe led by Gary Wilder and his partners.

 

The Mishcon de Reya team was led by Corporate Partner, Dean Poster, who recently joined the Firm from Orrick Herrington & Sutcliffe. Poster has a longstanding relationship with Matterhorn Capital and his arrival at the Firm bought with it the client’s corporate and commercial work, to join the real estate work already handled by Mishcon’s Real Estate team.