Deal typeTransaction Services
IndustryReal Estate
Client nameUnibail-Rodamco-Westfield (URW)
Unibail-Rodamco-Westfield (URW) acquired a 25% stake in the Edinburgh St James partnership, taking on Nuveen's share. The transaction represents another prime shopping centre acquisition by Unibail-Rodamco-Westfield (URW), who are the leading provider of such sites in the UK and Europe.
BDO provided financial and tax due diligence, tax structuring, SPA advisory and completion mechanics support services on the transaction.
The BDO project team included:
Simon Hall, Mike Duncan, Stephen Moss, Josh Cowan, Will Hyatt, Stephanie Franklin (Financial due diligence)
Ed Peters, Hamed Butt, Kiet Phan, Martin Haines (Tax)
Laurence Mills (SPA)
BDO provided financial and tax due diligence, tax structuring, SPA advisory and completion mechanics support services on the transaction.
"The BDO team were hard working, providing thoughtful insights and commercial advice throughout. They are a fantastic team that we thoroughly enjoyed working with and look forward to working with them again!"
Sarah Gatehouse, Tax Director, Unibail-Rodamco-Westfield (URW)
"It was a pleasure to once again work with the URW team in their investment in the Edinburgh St James site. The transaction represents another great addition to their already impressive portfolio of high-value, city-based retail assets."
Simon Hall, Partner, BDO LLP
The BDO project team included:
Simon Hall, Mike Duncan, Stephen Moss, Josh Cowan, Will Hyatt, Stephanie Franklin (Financial due diligence)
Ed Peters, Hamed Butt, Kiet Phan, Martin Haines (Tax)
Laurence Mills (SPA)

