Victory Group Secures Prime London Real Estate at Jermyn Street

Deal News | Apr 28, 2025 | Bryan Cave Leighton Paisner LLP

Victory Group Secures Prime London Real Estate at Jermyn Street

Victory Group, with legal guidance from BCLP and Wedlake Bell LLP, has acquired property at 103-105 Jermyn Street, marking its first acquisition in London. The firm plans to refurbish and expand the building, aiming for project completion in 2026. LBS Properties will manage the development, whilst BCLP advises on legal nuances, including light rights. The acquisition was expedited within 20 days, with Victory Group's Erik Moresco emphasizing the strategy of investing in sustainable, high-quality assets amid market volatility.

Sectors

  • Real Estate
  • Legal Services
  • Construction

Geography

  • United Kingdom – The acquisition of a property at Jermyn Street is based in London, UK.

Industry

  • Real Estate – The article discusses a property acquisition and planned refurbishment in London, indicating activity in the real estate sector.
  • Legal Services – BCLP and Wedlake Bell LLP provided legal services for the acquisition, highlighting the role of the legal industry.
  • Construction – The planned refurbishment and extension of the building at Jermyn Street involve the construction sector.

Financials

  • – The financial details of the acquisition, such as purchase price, are not disclosed in the article.

Participants

NameRoleTypeDescription
Victory GroupBuyerCompanyAn investment group focusing on sustainable and best-in-class real estate assets.
Bryan Cave Leighton Paisner LLP (BCLP)Legal AdvisorCompanyAn international law firm advising Victory Group on the acquisition and refurbishment project.
Wedlake Bell LLPLegal AdvisorCompanyA law firm collaborating with BCLP to advise Victory Group on the acquisition.
LBS PropertiesDevelopment ManagerCompanyA company appointed as the development manager for the refurbishment at Jermyn Street.
Erik MorescoFounder and Managing PartnerPersonFounder and Managing Partner of Victory Group.