Macfarlanes has advised newly-formed real estate investment trust Regional REIT on its listing on London Stock Exchange’s main market with an initial market capitalisation of £274m.

Regional REIT was created by the merger of two existing funds and will be managed by Toscafund (investment manager) and London & Scottish (asset manager).  It currently owns around 130 commercial properties in cities around the UK and will invest predominantly in the office and industrial sectors outside of London.

The Macfarlanes team comprised lawyers from corporate, tax, investment management, regulatory and real estate.  It was led by corporate partner Matthew Blows and senior counsel Mark Slade, with investment management partner Simon Thomas, tax senior solicitor Jeremy Moncrieff, financial services regulatory partner Michelle Kirschner and real estate partner Tom Pedder.