16 Aug 2012 | 10:00 am |
International law firm Pinsent Masons has advised The Peel Group on its agreement to acquire the Lowry Outlet Mall at Salford Quays from the Emerson Group. The deal incorporates the Mall retail and leisure experience, as well as the car park. Peel also owns the neighbouring MediaCityUK development.
The Mall consists of more than 300,000 sq. ft. of retail and leisure, with 80 stores (including M&S Outlet for Furniture, Nike Factory Outlet, GAP Outlet and Flannels), a range of cafes and restaurants, and a seven-screen Vue cinema. It attracted over 4.7 million visitors in 2011 with sales and footfall increasing.
Corporate Partner, Stephen Levy, led the team advising Peel Group on the acquisition of Orbit Investments (Salford) Limited – the corporate vehicle which owns the Lowry Outlet Mall. Stephen was assisted by senior associate Andy Phillips (Corporate), partners Mike Edge and Rachel Pitman (Real Estate), partner John Cleland and associate Rebecca Wilcock (Finance) and partner Simon Horsfield (Employment).
Stephen commented: "It has been great to act on this material and strategic transaction for Peel. We wish them every success with their plans for the Lowry Outlet Mall."
Multinational law firm Pinsent Masons has appointed Inmaculada Castelló and Fernando Gutiérrez as co-heads of the Madrid office as of 1 September 2022.
Multinational law firm Pinsent Masons has advised the shareholders of UMS Consulting GmbH & Co. KG on the sale of their shares to Expleo Group S.A.S.
Multinational law firm Pinsent Masons has advised climate-tech VC fund Systemiq Capital on the $70 million first close of its second fund, targeting $200 million to continue backing the best early-stage climate tech entrepreneurs.
Multinational law firm Pinsent Masons has won the Best Talent and Inclusion category at this year’s The Lawyer Awards.
Multinational law firm Pinsent Masons has won in seven categories at China Business Law Journal's annual awards.
Multinational law firm Pinsent Masons is one of the first law firms to have its global 2040 net-zero target verified by the Science Based Targets initiative, as it doubles down on efforts to reduce its impact on climate change.
For all media enquiries, including arranging an interview with one of our spokespeople, please contact the press office on
Location contacts
Europe: [email protected]
Asia: [email protected]
Middle East: [email protected]
Australia: [email protected]
