Ashurst Guides Eastdil's £673.5M Balanced Property Buy

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.

/Public Release. This material from the originating organization/author(s) might be of the point-in-time nature, and edited for clarity, style and length. Mirage.News does not take institutional positions or sides, and all views, positions, and conclusions expressed herein are solely those of the author(s).