Hammonds has acted for London Merchant Securities (LMS) on the sale of Ealing Broadway Limited Partnership, a Jersey-based partnership holding more than £26m worth of retail property in West London.

The partnership, which holds almost 100,000 sq ft of space in Ealing, was sold to Gresham Property Partners, a fund managed by Schroders. The portfolio includes the Arcadia Centre and retail space on Ealing Broadway.