Global law firm K&L Gates advised LBS Properties Limited, a real estate development and asset manager specialising in the office and living sectors of the Central London market, in connection with its appointment as development manager in relation to Victory Group’s high-profile acquisition and proposed refurbishment of 105 Jermyn Street, London SW1.

The London-based K&L Gates team was led by real estate special counsel Chris Swallow who was supported by private equity partner Julian Grant and construction senior associate Jim Alexander.

“We are pleased to have advised LBS Properties on their appointment as development manager,” Swallow said. “This transaction reflects both the increasing investor confidence in the Central London office investment market and LBS’s deep experience and track record in delivering strategic and sustainable high-quality developments. It was a privilege to work alongside the LBS team on this appointment and we look forward to seeing the development take shape over the coming months.”

Nick Crawford, CEO of LBS Properties, commented: “We are excited to be appointed as development manager for 105 Jermyn Street, and are delighted to work with Victory Group. This project aligns with our commitment to delivering high-quality, sustainable developments alongside our partners. Thanks to K&L Gates for their valued advice.”