25 November 2015

Sale of retail portfolio managed by Rockspring

Forsters has advised Retail Plus Property Trust, a Jersey Unit Trust managed by Rockspring Property Investment Managers, on the property aspects of the sale of a portfolio of high street investment properties.

The portfolio of shops, located in 12 regional cities in the UK, including London, Leeds, Newcastle and Shrewsbury were sold for a price in excess of £60 million.  Forsters advised Retail Plus on the acquisition and management of the assets over a number of years.

Senior Partner, Smita Edwards, advised on the disposal,  assisted by Anthony Goodmaker.

Our Insights

"The firm has a long history, which gives it gravitas, but it is actually quite young, which reflects in the outlook of its lawyers.  People like working with each other and that helps with the sense of camaraderie and mutual support."
Forsters brand survey