Posted Wednesday 2nd January 2019
Joelson has today announced that it advised independently-owned real estate company Currell on its acquisition by Savills, the global real estate services provider.
Currell is one of the best-known East London-based real estate firms, with offices in Islington, Clerkenwell, Hackney, Hackney Wick and Victoria Park. The sale of the company to Savills will allow Currell to expand its reach and take advantage of Savills’ established position as one of the leading real estate firms worldwide. For Savills, Currell’s expertise and reputation in providing first-class real estate services in East London will allow the firm to respond to client demand across a broader stretch of the capital, as the region continues to undergo rapid growth.
Joelson’s Corporate team advised Currell on the transaction. The team guided Currell’s shareholders through the entire process from preliminary negotiation, through heads of terms, to execution of sale documents. The firm’s Employment practice was also engaged to handle related aspects of the acquisition.
Phil Hails-Smith, Corporate Partner at Joelson said:
“We are absolutely delighted to have advised Anne and Chris Currell on Currell’s acquisition by Savills, which will enable both parties to take full advantage of East London’s burgeoning real estate market. Joelson’s Corporate and Commercial team frequently works with clients to achieve the best possible outcomes on complex transactions across various sectors, and this case is no exception. We look forward to seeing Anne and Chris enjoy continued success in the real estate market.”
Anne Currell, Group CEO at Currell said:
“It has been a privilege to have been represented by the team at Joelson. They gave us a highly professional and 24-hour service throughout the transaction. Having built up a business over 28 years we wanted the right lawyers. We were more than delighted with the service, and certainly felt they went the extra mile for us”
This article is for reference purposes only. It does not constitute legal advice and should not be relied upon as such. Specific legal advice about your specific circumstances should always be sought separately before taking or deciding not to take any action.