Mishcon de Reya led by Kevin Steele and Susan Freeman acted for Glaxo Wellcome Pension Fund in the sale of 12 commercial investment properties to Prestbury Group for £50.4m. Lorna Klimt and Bob Charon from Klimt & Co acted for the buyers.

Simmons & Simmons' George Littler and George Kennedy advised the executors of the late Nicholas Phillips on the sale of Luton Hoo.

Farrer and Co's John Morcom advised the trustees. The value of the deal was not disclosed.

Forsters advised Guardian Assurance on the sale of three warehouses on Cumberland Avenue, London for £4.6m. Tony Patterson led the team.

Peta Dollar of Denton Hall advised the buyers, The Trustees of Henry Smith's Charity.

Hammond Suddards' David Bowden advised Austin Reed in its sale and leaseback of four properties located in Cheltenham, Guildford, Bournemouth and Chester.

USF Nominees, advised by Dibb Lupton Alsop's Duncan Pickering, acquired three properties.