JP MORGAN CAZENOVE
BRONSON Albery, director at JP Morgan Cazenove, is leading a team from the investment bank as the sole banking adviser on the deal.
Albery, who studied at the London Business School, is a real estate specialist who has been familiar with Pinewood Shepperton for a number of years, having advised on the film company’s initial public offering in 2004, which raised net proceeds of approximately £46.2m.
More recently, JP Morgan Cazenove advised on the acquisition of Sovereign Reversions by Grainger Equity Release, a subsidiary of residential property company Grainger; the underwriting of Great Portland Estates’ £175m rights issue, jointly with Credit Suisse; and the placing of 22.7M new shares in property investor Shaftesbury, jointly with Espirito Santo Investment Bank.
JP Morgan Cazenove also advised on the placing of 9.7m new ordinary shares of one pence each in property development and investment company Helical Bar, raising gross proceeds of approximately £27.7m.