Eversheds and Clifford Chance (CC) have won leading roles advising on a £250m joint venture between property investment company NewRiver and Morgan Stanley Real Estate Investing (MSREI) to invest in UK retail property.
The Guernsey-registered joint venture, which will be known as NewRiver Retail Investments, has an acquisition capacity of more than £250m including leverage and has already made its first portfolio acquisition.
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