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Memery Crystal advises PPR Estates on Wood Green disposal

07/01/2021

At a glance

The real estate team at Memery Crystal have closed their first transaction of 2021 – working alongside Savills and Allsop in advising PPR Estates on the £11.875m sale of 44-46 High Road, Wood Green (N22).

44-46 High Road is a 0.27-hectare (0.67 acre) site comprising a part-two, part-four storey retail building with planning permission for the demolition of the existing building and redevelopment of the site to provide a scheme comprising 121 residential apartments and 1,374 sq. m (14,790 sq. ft.) of commercial space.

The Memery Crystal team on this transaction was led by our co-head of real estate Daniel Abrahams and included senior associate Craig Jones.

Commenting on the deal, Daniel Abrahams said: “44-46 High Road offers a fantastic residential-led development opportunity, and we are delighted to have worked with Darren Arnold and Sean Cooper at Savills and Andrew Boyd at Allsop in getting this deal across the line for our long-standing client PPR Estates.”

(Image via Savills/Allsop)

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