commercial property lambert smith hampton

Our work - 19/01/2016

Facilitating the regeneration of a landmark site through a collaborative approach

We provided strategic due diligence and purchase advice covering retail and leisure, office and commercial, together with residential – both PRS and sale – to Vastint as part of its successful acquisition of the former Tetley Brewery site in Leeds from Carlsberg.

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The prevailing market conditions and imbalance in supply and demand meant that the 22‑acre site – one of the largest individual ownerships within the Leeds South Bank regeneration area – received significant interest from several developers.

The collective experience and knowledge of our multi‑disciplinary team, combined with the collaboration of our Manchester and Leeds offices, assisted in identifying and managing the various complexities of the deal.

Vastint will now utilise its international expertise to bring forward the redevelopment of the site in line with the aims of Leeds City Council’s South Bank Planning Statement to create a vibrant, residential and business community, with the prospect of a city centre park, while simultaneously respecting the site’s history and heritage.  


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