Real Estate Retail
Overview
The face of retail is changing. There is little room for complacency as the shrewdest developers, investors, operators and brands defy the naysayers and find new ways to meet evolving tenant and customer needs, and build future-proof businesses and destinations that will thrive in the longer term.
Being retail experts alone is no longer enough from your legal advisors. As new challenges emerge, it is only true real estate sector specialists that will be able to navigate the evolution of the industry with you, partner with you as you make investment decisions and help you maximise the value of your retail assets.
Our multi-disciplinary team comprise lawyers in real estate, construction, planning and zoning, regulatory, brand portfolio management, M&A and corporate finance, commercial, employment, finance, insolvency, licensing, franchising, data privacy, trade regulation, competition, litigation, tax, pre-paid cards and banking, and they bring practical, commercial advice in an up-to-date market context to every client.
Our team are located in key retail locations around the world including New York, Chicago, San Francisco, Los Angeles, London, Paris and Hong Kong SAR. They advise a wide range of clients including retailers, brand owners, manufacturers, investors and property developers, who operate in all aspects of the retail sector, from large scale supermarkets and destination shopping centres to quick serve restaurants and e-commerce.
We bring our judgment, experience and know-how to bear in shaping the decisions that our retail clients must take.
Meet The Team
Experience
Online fashion retailer ASOS on leasing and construction
Location: UK, London
Advising online fashion retailer ASOS on the leasing and construction matters of their headquarter offices in Camden, North London.
Development of one million sq. ft shopping centre
Location: UK
Advised on the one million sq ft Lexicon centre in Bracknell, in the south of the UK. The BCLP team advised on the planning and real estate aspects of the £240 million regeneration project that has created a new shopping, dining and leisure destination. The scheme involved the demolition of the old town centre, which had been widely criticised for its Brutalist architecture, and the construction of shops, restaurants and a 12-screen cinema.
The market-leading food technology company Deliveroo
Location: Global
Advising the market-leading food technology company on the roll-out of their new Editions business across the globe.
£175 million purchase of retail park
Location: UK, Birmingham
Advised Korean asset management fund KAIM, who were representing Korean institutional giant Hana Financial Group, on the £175 million purchase of the Gallagher Retail Park near Birmingham. It is one of the largest Asian acquisitions yet seen in the UK regions and the first Korean acquisition of a retail park.
Advising largest bookseller in the US, amongst other national retailers
Location: US
Representation of retailers, including the largest bookseller in the United States, a leading sporting apparel manufacturer and a national chain that sells bedroom, bathroom and kitchen furnishings and products, in all aspects of store construction, development and leasing for hundreds of locations across the US.
German shopping centre disposal
Location: Germany
Advised Sonae Sierra, a major European shopping centre developer and operator based in Portugal, as well as Foncière Euris/Rallye S.A., both publicly listed French shopping centre operators, on their disposal of the “LOOP 5” shopping centre south of Frankfurt am Main to Deutsche Asset Management by way of a complex share deal. The shopping centre has a leasable area of approximately 59,400 sq m with approximately 170 retail and restaurant space as well as approximately 3,000 parking spaces.
Sole counsel to a motion picture theater chain
Location: US
Representing a motion picture theater chain, as sole outside counsel, on all aspects of construction-related procurement, administration and disputes concerning projects throughout the US.
Wangfujing project – 50,000 sq. m of luxury retail space
Location: Hong Kong SAR
Advising on the Wangfujing Project, Hong Kong Land’s retail-led development that will provide 50,000 sq m of luxury retail space and a hotel in the Dongcheng District. We have advised on the investment structuring, negotiating with the PRC government, drafting and negotiating all investment agreements, joint venture contracts, projects and financing documentation, and leasing documentation.
Global shopping centre operator Westfield
Location: UK, London
Advise Westfield on all three of their London schemes (White City, Stratford and the proposed Croydon development), including advice on construction and planning of these large scale, high profile destination shopping centres.
US market entry of Italian restaurant owner
Location: US
Represented a large Italian pasta products manufacturer, restaurant owner and operator in all aspects of its entry into the US market, including restaurant construction and leasing (including its flagship restaurant at Chelsea Market in Manhattan).
Related Insights
Feb 28, 2024
Feb 22, 2023
Feb 28, 2022
Dec 02, 2021
3 March 2021
Nov 20, 2020
Nov 06, 2020
Oct 26, 2020
Oct 09, 2020