Capital & Regional plc has acquired The Gyle Shopping Centre in Edinburgh for £40m.
The Gyle Shopping Centre is comprised of 88 retail units across a 50-acre space, anchored by a Marks & Spencer store and Morrisons supermarket. The centre is served by the tram system which links the nearby airport to Edinburgh City centre.
“We were very pleased with the BDO Transaction Services and Transaction Tax teams that assisted us with the acquisition of The Gyle Shopping Centre. The level of communication and support, and quality focused outputs that we received throughout the process were hugely helpful and, ultimately, contributed to a successful transaction. We look forward to working with BDO again.”
Stuart Wetherly, Group Finance Director, Capital & Regional plc
BDO provided financial and tax due diligence in support of the transaction.