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Trowers & Hamlins advises Kames Capital on property portfolio acquisition

Trowers & Hamlins advises Kames Capital on property portfolio acquisition

Trowers & Hamlins has advised Kames Capital on the purchase of a portfolio of four UK investment assets from Development Securities.

The portfolio, purchased for £21 million, includes a retail parade in Bexleyheath, Kent; a shopping arcade in Carmarthen, Wales; a retail park in Port Talbot, Wales; and a retail warehouse in Crewe, Cheshire.  The portfolio has been split between a number of  Kames funds, including the newly established Kames Property Income Fund, a PAIF.

The Trowers & Hamlins team which acted on the deal was led by Head of Commercial Property, Philip Peters, with support from partner Eileen Duncan, senior associate Katie Todd, and solicitors Dwynwen Lewis, Simon Bryning and Ben Neary.  Projects and Construction solicitor Khan Kassam and Corporate Employment partner Tania Tandon also advised. 

Trowers & Hamlins is currently acting for Kames on the purchase of four other significant property portfolios.