Travers Smith LLP has advised Ashby Capital on the sale of its UK retail park portfolio to Realty Income Corporation.
The trio of sites, acquired between 2015 and 2019, have sold for more than £220m combined and comprise Morfa Shopping Park in Swansea, Westside Shopping Park in Guiseley, and Abbotsinch Shopping Park in Glasgow.
The Travers Smith team was led by Corporate Partner Jon Reddington and Real Estate Partner Emma Pereira and Corporate Senior Associate Fabian McNeilly and Real Estate Senior Associate Tony Dosanjh. Additional assistance and specialist advice was provided by Corporate Associate Marie Morazzani, Real Estate Associates Dan Forshaw and Matthew Williams, Finance Associates Alastair Lowson and Charlie Gerlack, Head of Construction Ed Colclough and Head of Tax Russell Warren.
