MORTON FRASER ADVISES ON SCOTTISH DISPOSAL WITHIN ROCKSPRING’S ‘TIGER 7’
Top ten Scottish law firm, Morton Fraser, represented the Scottish interests of international investment group Rockspring Property Investment Managers in the £260m sale of its ‘Tiger’ portfolio of regional shopping centres. Concluded mid-December, the deal saw Rockspring’s stake in the seven shopping centres across the UK sold to Ellandi, backed by Lone Star. As part of a four-firm team, Morton Fraser’s Real Estate Division advised on the sale of the Howgate Centre in Falkirk and Trinity Centre in Aberdeen, the two Scottish centres in the portfolio. The sale of the portfolio formed