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Hansteen Holdings and Hansteen UK Industrial Property acquire portfolio of 88 industrial properties in UK from Spencer Commercial Property Limited

December 2011

Client(s) Hansteen Holdings PLC

Jones Day advised Hansteen Holdings PLC and Hansteen UK Industrial Property Limited Partnership on the acquisition, by way of both asset and share purchase, of a £150 million portfolio of 88 industrial properties in the UK from Spencer Commercial Property Limited and the associated acquisition facilities provided by The Royal Bank of Scotland plc of £85 million and LLoyds TSB Bank plc of £42 million.

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