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Deal Date: 19-01-2016 Practice Area: Real Estate
Deal Title: Hammerson plc Acquisition of the Grand Central Shopping Centre, Birmingham Industry: Real Estate Investment & Services
Description:
Nabarro advised Hammerson plc on the acquisition of the Grand Central shopping centre in Birmingham for GBP335 million from Birmingham City Council. Grand Central, which opened in September 2015, provided 435,000 sq ft of high-quality prime retail space, anchored by a 250,000 sq ft John Lewis department store. It was developed by the Council and Network Rail as part of the GBP750 million New Street Station regeneration project.
Financial Center: London Value: 100.01-500.00
Advised Party: Purchaser Law Firm
Real Estate Jurisdiction United Kingdom Purchaser Jurisdiction United Kingdom
Classification: Real Estate Acquisitions and Disposals Shopping Centre
Lawyer Simon Staite