Cains advises on Hammerson group restructuring

Cains has assisted Hammerson, the major owner, manager and developer of retail distributions in Europe with the Isle of Man law aspects of its internal group restructuring including the distribution in specie of the Silverburn Shopping Centre in Glasgow, Scotland.

Silverburn Shopping Centre is a 1 million square foot shopping centre with a total catchment spend of £3.9 billion.

The Cains team comprised Andrew Baker and Matthew Quinn.