Hercules Unit Trust sells 50% interest in Speke Unit Trust
Client(s) Hercules Unit Trust
Jones Day advised Hercules Unit Trust in the £209 million ($412.5 million) sale of a 50% interest in Speke Unit Trust to Bank of Ireland Private Banking Limited. The Speke Unit Trust owns New Mersey Shopping Park, located in Speke, Liverpool, the seventh largest retail park in the U.K.