SG Rocks Expands UK Portfolio with York House Acquisition
Deal News | Jan 13, 2025 | Freeths LLP
Leading law firm Freeths LLP has successfully advised SG Rocks on the acquisition and financing of York House, a prime freehold office building located at 23 Kingsway, central London. This represents SG Rocks' most significant transaction in the UK, reflecting their ongoing strategy to enhance the energy efficiency of their properties. Established in 2022 after a fruitful venture in Denmark, SG Rocks collaborates with top-tier investors in the real estate sector. The Freeths team, led by Partner Daniel Abrahams, showcased their full-service capabilities by guiding SG Rocks through this acquisition. Both SG Rocks and Freeths look forward to capitalizing on this momentum and pursuing additional opportunities in alignment with their strategic objectives.
Sectors
- Real Estate
- Legal Services
Geography
- United Kingdom – The acquisition of York House took place in central London, UK, making it a significant market for real estate investments and legal operations.
- Denmark – SG Rocks was established following a successful 13-year venture in Denmark, indicating their expansion into the UK market.
Industry
- Real Estate – The acquisition of York House by SG Rocks exemplifies significant activity in the Real Estate sector, specifically in the area of central London office buildings.
- Legal Services – Freeths LLP, a prominent law firm, played a vital role in advising SG Rocks, highlighting the role of legal services in facilitating real estate transactions.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| SG Rocks | Buyer | Company | A real estate investment company established in 2022 with a focus on acquiring energy-efficient properties. |
| Freeths LLP | Legal Advisor | Company | A leading law firm that advised SG Rocks on the acquisition and financing of York House. |
| Daniel Abrahams | Lead Partner | Person | Partner at Freeths LLP leading the transaction team for the acquisition by SG Rocks. |
| Doron Lavi Segelson | CEO | Person | CEO of SG Rocks, involved in the acquisition of York House. |