Addleshaw Goddard advises Northtree Investment Management on strategic partnership with BGO
Addleshaw Goddard's international private funds group has advised Northtree Investment Management on a strategic investment by BGO Partners, into Northtree Real Estate Partners Limited Partnership. The investment will see BGO take a stake in an existing portfolio of seven assets in the UK logistics space, with plans to expand this portfolio further. BGO will be a strategic partner, and the parties plan to build a £100m+ UK urban logistics portfolio.
The AG team advising on the investment was led by partner Jan Gruter and included managing associate Aidan McConville and legal director Jagdip Gujral. Tax support was provided by tax partner Michael Hunter.
Sandy Wilson, co-founder of Northtree Investment Management, commented,: "This strategic partnership is a milestone for Northtree and a significant opportunity to expand our UK urban logistics platform. The AG team did a brilliant job of helping us navigate this transaction and provided timely commercial and hands-on support".
Jan Gruter, Funds Partner at AG, added: