Pinsent Masons advises The Peel Group on acquisition of Lowry Outlet Mall

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."

Latest press releases

Show me all press releases

Pinsent Masons advises Erisbeg on proposed acquisition of PageOne Communications

Multinational law firm Pinsent Masons has advised Dublin-headquartered private equity firm Erisbeg on the agreement to acquire the entire issued share capital of PageOne Communications from the Capita Group.

Pinsent Masons advises Breedon Group on acquisition of Robinson Quarry Masters and LSE Listing

Multinational law firm Pinsent Masons has advised Breedon Group on the acquisition of Robinson Quarry Masters, a Northern Ireland based family-run quarrying and concrete block business.

Pinsent Masons advises Regenerate in the launch of its European regenerative agriculture fund

Multinational law firm Pinsent Masons has advised Regenerate Asset Management in the launch of the Regenerate European Sustainable Agriculture Fund.

People who viewed this press release also viewed

Show me all press releases

Pinsent Masons promotes 25 to its partnership

Multinational law firm Pinsent Masons has promoted 25 to its partnership, boosting its sector-focused professional services capabilities.

Pinsent Masons hires real estate partner in the Middle East

Multinational law firm Pinsent Masons has hired real estate partner, Louisa Lynch, in Dubai.

Pinsent Masons acquires sustainable finance consultancy Morgan Green Advisory

Multinational law firm Pinsent Masons has expanded its Climate & Sustainability capability through the acquisition of international sustainable finance specialists, Morgan Green Advisory.

For all media enquiries, including arranging an interview with one of our spokespeople, please contact the press office on

+44 (0)20 7418 8199 or 

Location contacts

We are processing your request. \n Thank you for your patience. An error occurred. This could be due to inactivity on the page - please try again.