Baker McKenzie advises Intermediate Capital Group on its acquisition of 69 acre mission critical open storage and logistics site

Leading global law firm Baker McKenzie has advised Intermediate Capital Group (ICG) on its acquisition of a 69 acre mission critical open storage and logistics site from Rockingham Automotive LLP in Corby, by way of a 25 year lease to STVA UK Limited.  STVA UK Limited is a subsidiary of Group CAT, a leading independent operator in transport and vehicle logistics. The site ensures the business is positioned to take advantage of changing habits and regulatory developments and is fully equipped to support the anticipated rollout of electric cars.
 
The Baker McKenzie team was led by London Real Estate partner Justin Salkeld with support from fellow London partners Matt Legg (Tax) and Graham Stuart (EUC&T) and associates Peter Moules, Charlene Phua, Andrew Hope, Cathal McKenna, Rohit Karamchandani, Emily Maguire and Mélanie Staes, and legal executive Maja Nowakowska.  The Baker McKenzie Luxembourg team was led by partner Diogo Duarte de Oliveira and supported by Lionel Ancion and Tiphanie Grzeszezak.
 
Commenting on the transaction, Justin Salkeld, partner of Baker McKenzie said, “We are delighted to have worked with ICG again on another high profile transaction in the logistics sector. ”