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Leading European law firm, SJ Berwin’s real estate department has advised British Land on its sale of its 180,000 sq ft House of Fraser department store in Guildford, Surrey, to Canada Life for £31.5 million. The store is let to House of Fraser at an annual rent of £2.6 million on a lease due to expire in 2039. The SJ Berwin team was led by real estate partner Michael Scott, assisted by Patrick Williams and Rachel Burns. Canada Life was advised by real estate partners John Whitfield and Chris Turley of Taylor Wessing.
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