Addleshaws, Trowers in shopping mall coup

Addleshaw Goddard and Trowers & Hamlins advised on the £126.1m sale of the historic Victoria Quarter Arcade in Leeds, the North’s high-end shopping destination. Built in 1898, the marble and mahogany-panelled arcade is home to retailers including Harvey Nichols, Louis Vuitton and Vivien Westwood, and contains the UK’s largest stained-glass window. The seller was property magnate Sir Paul Sykes, who was advised by an Addleshaws team led by partner Paula Dillon. The buyer was Bank of Ireland Private Banking, advised by a Trowers team led by partner Michael Figginson. RadcliffesLeBrasseur advised the Bank of Ireland on the bank’s role as lender.