Land Securities Group plc (LSE:LAND) acquired the remaining 50% stake in St. David's Limited Partnership from intu properties plc on March 24, 2023. The acquisition was following its purchase of the debt secured against the 50% share of the asset previously owned by intu plc. Comprising separate transactions with two debt holders, the overall purchase price represents a discount to the GBP 113 million September 2022 book value of Landsec's existing 50% share of the centre. Peter Wiltshire and Bruce Gavin of CMS acted as legal advisor to Landsec.

Land Securities Group plc (LSE:LAND) completed the acquisition of the remaining 50% stake in St. David's Limited Partnership from intu properties plc for approximately £110 million on March 24, 2023.