Squire Patton Boggs has advised global real estate services firm Cushman & Wakefield on the acquisition of specialist UK logistics and industrial consultancy Burbage Realty Partners Limited (BRPL).
The team advising Cushman & Wakefield was led by Corporate partner Paul Mann, and included director Louise Parker, associate Mahdi Siddique, and Tax Strategy and Benefits partner Patrick Ford.
Cushman & Wakefield is among the largest real estate services firms with approximately 50,000 employees in over 400 offices and 60 countries. In 2021, the firm had revenue of $9.4 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services.
The acquisition of BRPL complements and strengthens Cushman & Wakefield’s UK Logistics & Industrial team, which has a strong occupier and investor client base. It also builds on the firm’s expansion across Europe in key markets including Germany and Spain.
Founded in 2017, BRPL provides a suite of services including strategic land, development funding, investment, lease advisory and occupational agency. Operating across the UK and a leader in the Midlands Grade A logistics market – a critical location for distribution centres and online retail fulfilment – its clients include many of the sector’s foremost developers and investors.
Paul Mann commented: “We’re delighted to have advised on what is an important acquisition for Cushman & Wakefield in the UK, enhancing its services to clients in a key strategic growth sector.”