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Gowling WLG advises Royal London Asset Management on sale of TNQ, North West London
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Our Real Estate team has advised Royal London Asset Management on the successful sale of The Northern Quarter (TNQ), a mixed-use development in North West London.
The transaction saw the simultaneous exchange and completion of the sale to an entity affiliated with M Core, Evolve, and LCP in September 2025.
TNQ comprises 460 residential apartments alongside 65,000 sq ft of retail and leisure space, occupied by leading brands such as Aldi, M&S, Starbucks and Nando’s. The development also features a gym, tanning salon and crèche.
Originally completed in 2016, TNQ was one of the first mixed-use schemes to be scrutinised and sold following the new regime brought into force under the Building Safety Act 2022. The tallest residential block at the scheme was among the first in the UK to achieve the Building Assessment Certificate from the Health and Safety Executive (HSE).
The transaction was led by Partner Felicity Lindsay and Principal Associate Tom Thurgood (Real Estate), with support from Partner Gemma Whittaker (Building Safety), Partner Paul Green (Construction), Partner Lee Nuttall (Tax), Partner Micky Yang (Corporate), Legal Director Hannah Swindle (Employment) and Principal Associate Danielle Klepping (Commercial Contracts).
This cross-firm team advised Royal London Asset Management throughout, successfully navigating a complex legal structure.
Felicity said: “It has been a privilege to advise Royal London Asset Management on the successful sale of TNQ. This transaction marks the culmination of a complex and collaborative process, reflecting the team’s commitment to delivering a high-quality, safe, and sustainable development. TNQ stands as a benchmark for modern mixed-use schemes, having achieved one of the UK’s first Building Assessment Certificates. We are proud to have played a part in this significant milestone for all parties involved.”
Gowling WLG is home to one of the UK’s largest real estate practices. To learn more about our expertise and services, visit our Real Estate Sector page.
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