Mayer Brown advises AEW Europe and Teacher Retirement System of Texas on the acquisition of Festival Place shopping centre

London - Mayer Brown has advised AEW Europe, a leading European real estate investment manager and the Teacher Retirement System of Texas on the acquisition of Festival Place shopping centre in Basingstoke, Hampshire.

The 1.1 million sq ft shopping centre was purchased from TH Real Estate on behalf of a partnership between AEW Europe and the Teacher Retirement System of Texas.

Mayer Brown Real Estate partner Chris Harvey, said: "We are delighted to have acted for AEW Europe and the Teacher Retirement System of Texas on this significant and complicated transaction."

The Mayer Brown team was led by Chris Harvey and included Real Estate senior associates Robert Patterson, Gareth Shackleton, Danielle Gerber, Kirsty Harrower and Chris Edwards and associates Erin Daly, Fiona Dreghorn, Heather Macintosh, Sam Harris, Annabel Ersser and Nick Burch; Corporate & Securities partner Jeremy Kenley, senior associates Dominic Palmer and Katherine Woods and associate Amy Tregunna; Environmental partner Michael Hutchinson and lawyer (Australian) David Thorpe; Employment & Benefits senior associate Imogen Finnegan; IP associate Jonathan Dack; and Tax Transactions & Consulting partner Sandy Bhogal, senior associate Simon Slade and associate Alexander Goldsmith.

This is the fourth transaction on which Mayer Brown has advised AEW Europe this year. A team led by Chris Harvey advised AEW Europe on its acquisition of 101 Barbirolli Square, Manchester in July 2015, 65-68 Leadenhall Street, London in June 2015 and 24-28 Martin Lane, London in May 2015.