Commercial Property News

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Thursday, February 15, 2024

SJ Berwin LLP advises British Land on Homebase stores sale

SJ Berwin LLP's real estate department has advised British Land on the sale of three Homebase stores: Upton-by-Pass, Wirral, West Station Tunbridge Wells and 25 Stadium Way, Radleigh Weir to St James's Place UK. The properties were sold for 44.6m.

Lewis Myers, real estate partner led the SJ Berwin team, assisted by Mellissa Reid. Catherine Usher at DLA Piper acted for St James's Place UK plc.

SJ Berwin had advised on the acquisition of the stores for British Land in 2006, when five stores were acquired for 52.5m.