Tesco has dropped Ashurst as its go-to real estate advisers following a review of the supermarket giant’s legal strategy, with Berwin Leighton Paisner set to take the lion’s share of the work.
Tesco has previously used both firms for real estate advice, with Clyde & Co also receiving property work. However, a streamlining of its key legal advisers has resulted in BLP taking on Ashurst’s share, while Clydes will also have its workload slashed in the coming months as the supermarket expects the amount of real estate mandates to tail off.
