News | By practice area

Tuesday 3rd April 2007

Leading corporate law firm SJ Berwin LLP advised established client The British Land Company PLC on its £650 million joint venture with Tesco plc. The limited partnership incorporates 21 Superstores across the UK, all occupied by Tesco. It brings the number of joint ventures between the two companies to four. The new joint venture has a 20 year term with an early termination option in 2017.

The team was led by corporate partner Delphine Currie assisted by corporate associate Marcus Biggs with Lewis Myers, Mike Scott and Jo Taylor advising on real estate and Heather Corben and Giles Bavister advising on tax aspects.

Delphine Currie commented: “We were delighted to again be asked to act for British Land. This joint venture transaction demonstrates the strength and depth of our real estate M&A practice. Real estate M&A is a key focus of our corporate offering and we are pleased to be able to provide clients with inventive and commercial advice as a result of our raft of knowledge and experience in this area.”

For further information please contact:

Delphine Currie, Partner on +44 (0) 207 111 2514 or by emailing delphine.currie@sjberwin.com

Aurelia Spivey, Business Development Manager, on +44 (0) 207 111 2060 or by emailing aurelia.spivey@sjberwin.com

To view other press releases click here.

• With more than 200 corporate finance lawyers, the depth and breadth of expertise of our pan-European Corporate Finance Department is considerable.  We offer the complete range of corporate finance services, which extends to all aspects of domestic and cross-border M&A and buy-outs, private equity, equity capital markets, financial services and tax. 
  
  
• SJ Berwin was created and thrives as a leading-edge legal services business, focusing on the European and international market place. Our clients are sophisticated buyers of legal services, principally entrepreneurial companies and financial institutions, whom we advise on a comprehensive range of services including Corporate, Commercial, Real Estate, Finance, Reconstruction & Insolvency, Financial Services, Litigation, Employment & Pensions, EU & Competition and Tax.
  
  
• The private equity team has won a number of recent awards including:
    - "Fund Formation Team of the Year" 2006 at the Financial News Awards for Excellence in Private Equity Advisory Services,
    - "European Law Firm of the Year" 2004 -  2006 at the EVCA/Real Deals European Private Equity Awards,
    - "European Law Firm of the Year" (fund formation) 2001 - 2007 by subscribers to PrivateEquityOnline and Private Equity       International
    - "Private Equity Law Firm of the Year" 2004 -  2007 at the European Venture Capital journal awards 2004
    - "LBO Firm of the Year" 2004 at the Finance and Law Awards in Paris
  
  
• On 1 June 2005, SJ Berwin became SJ Berwin LLP, a limited liability partnership. SJ Berwin LLP or an affiliated undertaking has an office in Berlin, Brussels, Frankfurt, London, Madrid, Milan