BMO Real Estate Partners’ £191m portfolio acquisition from British Land


Jones Day has advised The British Land Company PLC on the sale of the flagship Debenhams store in Manchester, Clifton Moor Shopping Centre in York and Westgate Retail Park in Wakefield to BMO Real Estate Partners.

Real estate portfolio comprises three retail assets across the UK: the flagship Debenhams store in Manchester, Clifton Moor Shopping Centre in York and Westgate Retail Park in Wakefield.

The deal sees clients of BMO REP acquiring the assets from British Land via the purchase of their respective corporate holding vehicles.

Olswang has advised clients of the leading property asset management specialist BMO Real Estate Partners on the acquisition with a team led by Real Estate partner Simon Kanter (picture), along with Real Estate Partner Alan Karsberg, Corporate Partner David Bunker, Finance Partner Ruth Marken and Tax associate Jacob Gilkes.

Jones Day has advised The British Land Company PLC on the sale with a team led by Giles Elliott and David Roberts.

Involved fees earner: Simon Kanter – Olswang LLP; Alan Karsberg – Olswang LLP; David Bunker – Olswang LLP; Ruth Marken – Olswang LLP; Jacob Gilkes – Olswang LLP; David Roberts – Jones Day; Giles Elliott – Jones Day;

Law Firms: Olswang LLP; Jones Day;

Clients: British Land; BMO Real Estate Partners;