Slaughter and May advised Legal & General - acquisition of Barking Rail Freight Terminal

Slaughter and May advised Legal & General Pensions Limited on the acquisition of Barking Rail Freight Terminal from Friends Life Limited for approximately £53.7m.

The freight terminal, which measures approximately 32.67 acres, is connected to High Speed 1 and the Channel Tunnel Rail Link. The property is fully let to DB Schenker Rail (UK) Limited.