Lewis Silkin advises Sager Group on joint venture with Cain Hoy to develop Islington Square

Lewis Silkin has advised property development and construction company Sager Group on its joint venture with Cain Hoy Enterprises, a private investment company, to transform London’s Islington Square, an area close to Kings Cross, the City and Tech City.

Islington Square is a 4.5 acre mixed-use regeneration and development scheme in the heart of Islington, London N1. This corporate transaction involves a multi-million pound investment by US funder, Cain Hoy Enterprises, and the scheme is to occupy the former North London Royal Mail Centre building on Upper Street.

Commenting on the joint venture, Giris Rabinovitch, CEO of Sager, said: “Sager is delighted to have joined with Cain Hoy as its partner to create this landmark destination. We certainly benefited from having access to a variety of corporate and real estate specialists at Lewis Silkin who have been instrumental in bringing our vision to life.”

For this transaction, the Lewis Silkin team was led by client relationship Real Estate partner Leonard Goodrich and the key corporate and finance work was led by Corporate partner Paul Rajput together with support from corporate associate Sadiq Tajbhai and corporate tax associate Matthew Rowbotham. The property aspects was led by Real Estate partner Leonard Goodrich.

Leonard says “Lewis Silkin is delighted to have been able to support Sager team on this major project, one of the biggest ever luxury developments in this area of London and one that is to continue the ongoing transformation of this urban area. Lewis Silkin provided Sager Group with complementary specialist expertise via our corporate and real estate teams and we look forward to supporting our client on the commercial implementation going forwards”.

For more information please contact:

David Lawrence
Business Development and Marketing Manager
Tel: 020 7074 8260
Email: david.lawrence@lewissilkin.com