Evergreen advises Eurofund Group on purchase of Silverburn

Evergreen Legal has advised Eurofund Group together with Henderson Park on the acquisition of Silverburn in Glasgow

Evergreen Legal has advised the spanish company Eurofund Group, together with Henderson Park Capital Partners, on the acquisition of Silverburn in Glasgow, ranked as one of the top 20 shopping centres in the UK.

The deal has been closed for more than €166 million. Eurofund Group will act as the operating partner of Henderson Park.

Ian Sandford, Chairman of Eurofund Group, said: “We are delighted to have been given the opportunity to co-invest in Silverburn alongside our partners at JV-Henderson Park. Silverburn represents a wonderful opportunity to transform a good centre into a benchmark for its catchment area.”

Silverburn opened in 2007 and currently has 125 food, grocery, fashion and leisure operators, including Next, Marks & Spencer and TK Maxx.

The Evergreen Legal team involved in the transaction was led by Ignacio Freire (pictured left), partner Mercantil and Luis Vegas (pictured right) partner Mercantil.