11 November 2011

Forsters acts for BA Pension Fund in £32m sale of 50% stake in Bristol retail park

Forsters has acted for longstanding client BA Pension Fund on the sale to National Grid UK Pension Scheme of a 50% stake in its Avonmeads Retail Park in Bristol  for £32.5m. 

The retail park comprises 165,000 sq ft and has an unrestricted open A1 consent. It is let to Boots, Mothercare, Marks & Spencer and Outfit. 

Eugene McMahon led the Forsters team assisted by Laura Williamson and Katherine Ekers.

James Black and Andrew Wilmot-Smith of Boodle Hatfield acted for National Grid Pensions.

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