Acquisition of ten retail parks across three transactions by British Land

Deal typePrivate Equity & Transaction Services
IndustryReal Estate
Client nameThe British Land Company Plc
BDO supported British Land with financial and tax due diligence along with SPA advisory services on the acquisition of a portfolio of nine retail parks from Brookfield Corporation across two transactions and a further retail park from Clearbell Partners.

British Land continued its strategic focus on retail parks with these investments, building upon its market leading position and redeploying the c£360m of funds raised from the disposal of Meadowhall shopping centre and the Group's c£300m equity placing.

The BDO project team included:

Simon Hall, Ian Cooper, Mike Duncan, Will Hyatt, Amy Bannister, Murray Blair, Greg Wilson, Kieran Gosrani, Hannah Ibrahim (Financial due diligence)
Lisa Oakes, Nick Hostler Oliver Capper (Tax)
Laurence Mills (SPA)