Victoria Henry

Work Highlights

LandSec on the £1.28bn disposal of its joint venture interest holding 20 Fenchurch Street to LKK Health Products Group the investment of the Hong Kong giant Lee Kum Kee. LandSec held its 50% interest in the building in a joint venture with a syndicate led by Canary Wharf and backed by Middle Eastern and Asian money.

LandSec on its acquisition of a 75% interest in MediaCity, Europe’s leading, digital, media and tech hub, for £425.6m.

Mountpark on its joint venture and restructuring of its pan-European logistics platform with USAA to ultimately launch a new Fund. The transaction involved multiple reorganisations, shareholder arrangements and inter-jurisdictional transfers.

DTZ Investors, in partnership with co-living developer The Collective, on the structuring, launch of and first acquisition for the world’s first fund to buy and build co-living accommodation in London. The Fund aims to bring £1bn of institutional capital into the co-living market in London over the next 10 years. This ground-breaking fund has its core focus on the social impact of investments.

Schroders on the establishment of the UK Retirement Living Fund, for the construction and sale of mid-to-high end Retirement Developments in the UK Schroder REIM and on its Social Supported Housing Fund for the forward funding and development of Social Supported Housing in the UK.

Global Student Accommodation Group (GSA) on its acquisition of the Spanish Nexo Residencias student accommodation portfolio, operating business and development sites from funds managed by Oaktree Capital Management, L.P.

Franklin Templeton on the establishment of its Social Infrastructure Fund, a Lux SCA SICAV-RAIF, for investment into European Social Infrastructure projects.

China Resources Land Limited on the creation of the joint venture with NorthStar Realty Europe Corp, for the acquisition of 20 Gresham Street for £309.5m from AXA Investment Managers.

Practice Areas

Victoria is the Co-head of Corporate, UK at CMS. She has been a corporate lawyer for over 20 years and specialises in corporatised real estate and fund formation.

She is a partner in our FIRA team and has advised on some of the highest value and complex transactions in this sector. She has extensive experience in advising managers and investors on the structuring, establishment and investment into large scale joint ventures, complicated structured real estate transactions (including private REITs) and real estate funds. She acts for a number of large international investors looking to deploy capital into the UK and Europe.

She has experience in the establishment of off-shore structures including pan-European funds. She recently sold down the USAA./Mountpark logistics joint venture (which she established) to JP Morgan for in excess of £500m.

She has a particular interest in the student accommodation and co-living sector. Advising GIC and GSA on their establishment of a £700m student accommodation platform in the UK and Germany and Harrison Street and GSA on their platform in Spain. She established the ground-breaking first co-living Fund for DTZ in the UK and has advised Schroders on the launch of two funds within the beds sector.

Her clients include Aviva Investors, DTZ, Land Securities, The Crown Estate, GPIF, GSA, Schroders and UBS together with and a wide range of Asian based investor clients including GIC, BCDH, China Resources, Mitsui Fudosan, Hao Tian International Construction Investment Group and Cindat Capital.

Education