Addleshaw Goddard has advised Milton Park’s Joint Venture on a £376 million financing. Located in Oxfordshire, Milton Park is one of Europe’s leading science, business and technology communities. The transaction is one of the largest single-asset financings completed outside of London.

The financing underlines the continuing appetite among lenders for prime life sciences and innovation hubs and highlights Milton Park’s role as a centre of excellence for research, development and growth businesses.

The Addleshaw Goddard team was led by partner Matthew Lucas, with support from a wider team including Kevin Shreeve, Susan Bennett, Ana Lameda, Sophie Ball, Brian Foy, Sarah Hodge, Jennet Jumayeva and Jeanette Dowling.

Developed by Federated Hermes’ specialist real estate development platform MEPC, Milton Park is managed by Federated Hermes. The Park is home to more than 280 companies, with a focus on the life sciences, technology and advanced engineering sectors.