ROTHSCHILD acted as CapCo’s financial adviser on the share placing, led by head of real estate Alex Midgen. Midgen recently advised Telereal on its acquisition of Trillium.
He has also advised on several other capital raisings in real estate, including Grainger, Songbird Estates and Shaftesbury.
In 2004 he advised Glenmorangie on its sale to LVMH. He was involved in selling MEPC to Hermes and GE Capital for £2bn in 2000, and Bryant Homes to Taylor Woodrow for £400m in 2001.
The Queens Park Rangers fan advised Elliott Bernerd in his acquisition of Chelsfield for £2bn in 2003, and Guy Hands’s Terra Firma in its £4.75bn acquisition of Viterra. He acquired Canary Wharf for US diamond and property magnate Simon Glick for £5.5bn.
Midgen was hired by Rothschild in 1994. He was promoted to head of UK real estate in 2004 and made a managing director. Later the same year he was made a partner at the firm.
He was previously a chartered surveyor at DTZ. He won the 2008 Rainmaker award for most successful consumer and leisure deal originator in the UK private equity mid-market.