Partly Cloudy

Partly Cloudy

max temp: 20°C

min temp: 17°C

ESTD 1874 Search

East Anglia: Birketts advises property firm Briant Champion Long on acquisition by Colliers

06:00 18 February 2014

Adam Jones of Birketts.

Adam Jones of Birketts.

©BruceHead2012

Regional law firm Birketts has advised the partners of independent retail property specialist Briant Champion Long on its acquisition by Colliers International, the world’s third-largest real estate group.

The Birketts team was led by Chelmsford-based corporate partner Adam Jones and corporate associate James Davison, with support from Gavin Birchall, senior associate, tax at the firm’s Ipswich office.

Mr Jones said: “Advising the BCL partners on this high-profile transaction further demonstrates Birketts’ continued capability and commitment to deliver first class, sector specific, corporate M&A transactions in London and beyond.”

London-based BCL, which was founded in 1987, will be integrated in the the Colliers UK operation, strengthening its presence in the capital and expands its reach internatinally.

BCL employs more than 30 professionals based and provides agency, investment and lease advisory consultancy services to a wide range of retail clients, landlords and investors.

It is currently engaged in letting more than 4million sq ft of retail space in the UK and, over the past year, has completed more than 800 transactions and acted on more than £425m of investment transactions.

Paul Souber, former BCL partner and now head of central London retail at Colliers International Retail UK LLP, said “This transaction gives us the ability to connect to a truly global platform and, with London being one of the world’s most high-profile cities, the ability to have global reach is not only an advantage but vital.

“It became clear very quickly that the Birketts LLP team were ideally suited to advise the selling partners, because they share the same client service values and commercial acumen that had made our business so successful.”

Chartered accountants Berg Kaprow Lewis provided tax and accounting advice to the BCL partners, while Colliers was advised by City law firm DWF.

Search hundreds of local jobs at Jobs24

0 comments

Like-for-like sales at Sainsbury's fell once a gain in the second quarter.
Photo: Lauren Hurley/PA Wire

Sainsbury’s has posted a second consecutive quarterly fall in sales amid the continuing supermarket price war.

Mark Pendlington.

Plans for a new drive to boost productivity in Suffolk and Norfolk are being drawn up by the New Anglia Local Enterprise Partnership (LEP).

Jane Riley, Kerseys Solicitors.

A solicitor has become a part-owner of the Ipswich law firm she joined 30 years ago.

Wolseley is to axe around 800 jobs.
Photo: Anna Gowthorpe/PA

Plumb Center owner Wolseley is set to axe up to 800 jobs as part of a restructuring that will see it shut 80 branches and a distribution centre.

Big Wave PR and Remembrance Travel receiving their gold award at the  Anglia, Thames and Chiltern PRide Awards.

PR professionals from Essex and Suffolk have been celebrating a string of successes in the Anglia, Thames and Chiltern regional round of the Chartered Institute of Public Relations’ annual PRide Awards.

HOT JOBS

Show Job Lists

Most read

Most commented

Topic pages

Streetlife

Newsletter Sign Up

Sign up to the following newsletters:

MyDate24 MyPhotos24