Ashurst advises Eastdil Secured on £673.5 million takeover of Balanced Commercial Property Trust
04 September 2024
Global law firm Ashurst is advising Eastdil Secured on the £673.5 million takeover of Balanced Commercial Property Trust Limited (BCPT) by Starlight Bidco Limited, a wholly owned subsidiary of Starwood Funds.
BCPT is a UK REIT which is a constituent of the FTSE 250 index, with a diversified portfolio invested exclusively in the UK.
Starwood Capital Group is a private investment firm with a core focus on global real estate, energy infrastructure and oil & gas, which currently has in excess of $115 billion of assets under management.
The Ashurst team is being led by partner James Fletcher, assisted by senior associates Maria McAlister and Colin Bugler and associates Sylvia Lloyd-Morris and Abby Buchan.
